An analysis of the correlation of pre- and post-pandemic U.S. and global inflation dynamics using the Multivariate Core Inflation Trend (MCT) model.| Liberty Street Economics
U.S. inflation has surged as the economy recovers from the COVID-19 recession. This phenomenon has not been confined to the U.S. economy, as similar inflationary pressures have emerged in other advanced economies albeit not with the same intensity. In this post, we draw from the current international experiences to provide an assessment of the drivers of U.S. inflation. In particular, we exploit the link among different measures of inflation at the country level and a number of global supply ...| Liberty Street Economics
Unpacking the myths behind rising food prices| agrowingculture.substack.com