Editorial | The return of inflation | Tobias Broer

In this editorial, Tobias Broer asks three questions: Why has inflation recently increased? How does this surge in inflation affect households and firms? And what can, and should, policymakers do about it?

Read the full contribution: “Inflation and purchasing power” by Tobias Broer

Tobias Broer is Professor at Paris School of Economics and the University of Paris 1 Panthéon-Sorbonne. He is also Associate Professor at the Institute of International Economic Studies, Stockholm University; and affiliated with the Centre for Economic Policy Research (CEPR). He holds the International Macroeconomics Chair at Paris School of Economics.

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The cost of inflation

• Ruchir Agarwal and Miles Kimball, June 2022, “How Costly Is Inflation?”, Finance and Development, International Monetary Fund

Post-Covid inflation and supply chain disruptions

• Julian di Giovanni, Sebnem Kalemli-Ozcan, Álvaro Silva and Muhammed A. Yildirim, “Global Supply Chain Pressures, International Trade, and Inflation”, July 2022, FRB of New York Staff Report No. 1024
• Sebnem Kalemli-Ozcan, July 1^st 2022, “Curing Covid Inflation”, VOXTALKS podcast

The policy challenges of higher inflation in Europe

• “Inflation shows both the value and limits of monetary-policy rules”, July 14^th 2022,The Economist
• Agnès Bénassy-Quéré and Giancarlo Corsetti, June 24^th 2022, “Inflation and Europe’s public finances”, VOXTALKS podcast

The monetary transmission mechanism in Europe

• “Transmission mechanism of monetary policy”, European Central Bank

* This paper is part of the new Economics for everybody formula.