Veranstaltung
06
MAI 2025

14:15 - 15:45
IWH Research Seminar

The Drivers of Post-Pandemic Inflation

Post-covid inflation was predominantly driven by unexpectedly strong demand forces, not only in the United States, but also in the Euro Area

Wer
Domenico Giannone  (University of Washington)
Wo
IWH, conference room and via Zoom
Domenico Giannone

Zur Person

Domenico Giannone is Affiliate Professor at University of Washington, Department of Economics and Assistant Director at International Monetary Fund (IMF).


To join the lecture via Zoom, please register here.

Post-covid inflation was predominantly driven by unexpectedly strong demand forces, not only in the United States, but also in the Euro Area. In comparison, the inflationary impact of adverse supply shocks was less pronounced, even though these shocks significantly constrained economic activity. With output already weakened by these unfavourable supply conditions, any attempt by the European Central Bank to further mitigate the demand-driven inflationary pressures - to maintain inflation near its 2-percent target - would have severely hampered an already anaemic recovery.

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