The Wedge of the Century: Understanding a Divergence between CPI and PPI Inflation Measures
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- Shang-Jin Wei & Yinxi Xie, 2019. "Monetary Policy in an Era of Global Supply Chains," NBER Chapters, in: NBER International Seminar on Macroeconomics 2019, National Bureau of Economic Research, Inc.
- Shang-Jin Wei & Yinxi Xie, 2020. "Monetary Policy in an Era of Global Supply Chains," NBER Working Papers 26602, National Bureau of Economic Research, Inc.
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JEL classification:
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
- F1 - International Economics - - Trade
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This paper has been announced in the following NEP Reports:- NEP-MAC-2018-03-19 (Macroeconomics)
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