Fiscal Narratives for US Inflation

Research
Written By John Cochrane

Fiscal Narratives for US inflation. Jan 29 2024. I wrote it as comments on Chris Sims “Origins of US Inflation Since 1950” at the 2024 AEA meetings. It is mostly a distillation previous writing and talks, trying to tell the story of US inflation episodes from a fiscal theory point of view. Slides here. Video of AEA presentation here.

John Cochrane
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