Macro Musings with David Beckworth artwork

Chris Conlon on the Post-COVID Inflation Surge and the Greedflation Narrative

Macro Musings with David Beckworth

English - July 10, 2023 04:30 - 59 minutes - 47.8 MB - ★★★★★ - 342 ratings
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Previous Episode: Tim Lee on the Present and Future of AI and its Implications for Policy
Next Episode: Jesus Fernandez-Villaverde on Demographic Trends, Recent Macroeconomic Developments, and AI’s Implications for Economic Growth

Chris Conlon is an associate professor of economics at the NYU Stern School of Business where he focuses on industrial organization economics and econometrics. Chris joins David on Macro Musings to help shed light on the 2021-2023 inflation surge from the perspective of an IO economist. Specifically, David and Chris discuss the great markup debate within IO economics, the shaky foundation of greedflation, the cost anticipation story of higher prices, and more.

 

Transcript for this week’s episode.

 

Chris’s Twitter: @conlon_chris

Chris’s website

Chris’s NYU profile

 

David Beckworth’s Twitter: @DavidBeckworth

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Related Links:

 

*Rising Markups, Rising Prices?* by Chris Conlon, Nathan Miller, Tsolmon Otgon, and Yi Yao

 

Chris’s Twitter thread on the recent inflationary episode

 

*The Rise of Market Power and the Macroeconomics Implications* by Jan De Loecker, Jan Eeckhout, and Gabriel Unger

 

*How Much Have Record Corporate Profits Contributed to Recent Inflation?* by Andrew Glover, Jose Mustre-del-Rio, Alice von Ende-Becker

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