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Understanding U.S. Inflation During the COVID Era

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NBER2022-10-01 更新2025-01-04 收录
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This paper analyzes the dramatic rise in U.S. inflation since 2020, which we decompose into a rise in core inflation as measured by the weighted median inflation rate and deviations of headline inflation from core. We explain the rise in core with two factors, the tightening of the labor market as

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2022-10-01
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