Season 6 · Episode 32
S6 Ep32: Adam: How inflation distorts relative prices
August 2, 202316m 6s
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Show Notes
Recorded live at the PSE-CEPR Policy Forum at the Paris School of Economics. We all learn that high inflation creates price distortions. But it has been impossible to observe that effect directly -- until now. Klaus Adam of the University of Mannheim has used price data to identify those elusive distortions, and he tells Tim Phillips how he did it.