• Any Words
    All Words

Supply Shocks, Inflation, and the Limits of Monetary Policy

>> Read commentary 
This article was published as part of the American Prospect's "Great Inflation Myths" series, which developed from PERI's "Global Inflation Today" conference.

Marc Jarsulic argues that a major source of inflation was supply bottlenects that are already subsiding for easons unrelated to Federal Reserve rate hikes.


Read Marc Jarsulic's conference paper:

 Effective Inflation Control Requires Supply-Side Policy
 (This paper was first published by the Center for American Progress)


umass seal

This is an official web page
of the University of Massachusetts.

Political Economy Research Institute

Gordon Hall, 418 N. Pleasant St., Suite A

Amherst, MA 01002
Tel: 413-545-6355 Fax: 413-577-0261