Macro Musings with David Beckworth Chris Conlon on the Post-COVID Inflation Surge and the Greedflation Narrative
6 snips
Jul 10, 2023 Chapters
Transcript
Episode notes
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Introduction
00:00 • 5min
The Future of Elasticity Estimation
04:32 • 3min
The Importance of Dynamic Entry Games
07:24 • 2min
The Rise of Greedflation
09:03 • 2min
The Fed's Predictions for Core Inflation
11:01 • 4min
The Greedflation Debate
15:22 • 4min
The Role of Markups in Industry Prices
19:20 • 3min
The Effect of Price on Markups
22:16 • 5min
The Role of Markups in Productivity
27:12 • 1min
The Relationship Between Markup and Prices
28:32 • 4min
The Role of Markups in Oil Production
32:48 • 4min
The Kansas City Fed Study and Expectations
37:00 • 2min
The Potential for Firms to Raise Prices in 2021
38:57 • 5min
The Kansas City Fed's Causality in Demand, Plan, and Important Story
44:09 • 5min
The Greedflation Story Isn't a Serious Theory
49:14 • 4min
The Politics of Economists
53:25 • 4min
The Fed's Rapid Rate Hikes and the Economy's Resilience
57:16 • 2min