分享論文
Global supply chain pressures, inflation, and implications for monetary policy
分享人
田陽(中國經濟與管理研究院2022級研究生)
論文摘要
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.
時間
2024年5月30日(周四)
晚上19:00-21:00
地點
學術會堂712
主持人
王忏(金融學院),趙軍柱(韦德体育bevictor中國經濟與管理研究院)
活動對象
韦德体育bevictor、金融學院學生
人數規模
30人
主辦單位
韦德体育bevictor中國經濟與管理研究院、金融學院聯合主辦