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Alves y Violante - Inflation and Inclusion. Stabilization Policy in The Wake of The Pandemic by Ismael Valverde is a document available to read on EtoBox.
This working paper examines the trade-off between inflation and inclusion in stabilization policy following the pandemic, highlighting the challenges faced by macroeconomic authorities in balancing these competing objectives. The authors utilize a quantitative model to analyze the effects of monetary and fiscal policies on labor market outcomes and welfare, revealing that the joint deployment of inclusive policies contributed to significant inflationary pressures. Key findings indicate that while inclusive
- Author
- Ismael Valverde
- Language
- EN