分享论文
Global supply chain pressures, inflation, and implications for monetary policy
分享人
田阳（中国经济与管理研究院2022级研究生）
论文摘要
How should policymakers respond to the recent surge in inflation? This paper examines the impact of global supply chain pressures on euro area inflation and the implications for monetary policy. Results from a Bayesian structural vector autoregressive model show that shocks to global supply chain pressures were the dominant driver of euro area inflation in 2022, and that these shocks have a highly persistent and hump-shaped impact on inflation. Furthermore, a two country New Keynesian model with international trade in intermediate goods shows that the optimal monetary policy response to global-supply-induced inflation is a non-linear function of the degree of global value chain participation.
时间
2024年5月30日（周四）
晚上19:00-21：00
地点
学术会堂712
主持人
王忏（金融学院），赵军柱（创新发展学院中国经济与管理研究院）
活动对象
创新发展学院、金融学院学生
人数规模
30人
主办单位
创新发展学院中国经济与管理研究院、金融学院联合主办
