More on this topic

Research Briefs·Mar 7, 2024

What Drives Inflation? Lessons from Disaggregated Price Data

Elisa Rubbo
US inflation in the early phases of the COVID pandemic was entirely driven by disruptions in supply and demand across industries, whereas most of the subsequent increase in consumer prices is driven by aggregate demand.
Topics: COVID-19, Monetary Policy
Research Briefs·Nov 15, 2023

Greater Than the Sum of Its Parts: Aggregate vs. Aggregated Inflation Expectations

Alexander Dietrich, Edward S. Knotek II, Kristian O. Myrseth, Robert W. Rich, Raphael Schoenle and Michael Weber
A novel measure of consumer inflation expectations that is constructed by combining forecasts from across different categories of consumption is consistently lower than conventional measures. It is also less volatile and a stronger predictor of consumers’ spending plans.
Topics: COVID-19
Research Briefs·Mar 6, 2023

Remote Work Across Jobs, Companies, and Space

Nick Bloom, Steven J. Davis, Stephen Hansen, Peter John Lambert, Raffaella Sadun and Bledi Taska
From 2019 to early 2023, the share of job postings offering remote work for one or more days per week rose more than three-fold in the United States and by a factor of five or more in Australia, Canada, New...
Topics: COVID-19, Employment & Wages