Why Has the Inflation Calculation Changed Over Time?

New York Times
Written By Jón Steinsson

In “The Gift of Moving: Intergenerational Consequences of a Mobility Shock,” Emi Nakamura, Josef Sigurdsson, and Jon Steinsson investigate the long-term benefits of moving to a different region.

Jón Steinsson
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Jón Steinsson believes that a painless disinflation is no longer plausible