Prices and Inflation
Readings
Background on Price Indices and Inflation
- Tracking Inflation and How to Measure Changes in the Cost of Living in Principles of Macroeconomics
- Adjusting for Inflation by Diego Mendez-Carbajo, St. Louis Federal Reserve
Current Inflation
“Inflation has arrived. Here’s what you need to know” by Jeanna Smialek, NYT
“Is this Disinflation”Immaculate” or “Transitory”? by Matthew C. Klein, The Overshoot
Optional
“America’s Inflation Debate is Fundamentally Confused” interview with J.W. Mason in New Yorker Magazine
How do you count inflation? Tracking Weimar’s hyperinflation. by Adam Tooze, Chartbook
Assignments Due
None