Inflation: Transitory vs Persistent

In course

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Description

This lecture by the instructor explores the resurgence of inflation in 2021, contrasting it with the previous years. The discussion delves into the concepts of transitory versus persistent inflation, emphasizing the importance of this distinction. Various topics covered include the price of goods and services, changes in price and quantity over time, price indices, and the impact of inflation on real income and economic growth rates.

Instructor

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Official source

https://mediaspace.epfl.ch/media/0_9n0pl253

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Ontological neighbourhood

Economics

Macroeconomics: Keynesian economics

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