Inflation soon a consequence of the COVID-19 pandemic?
Informazioni aggiuntive
Autori
Tipo
Articolo pubblicato in rivista scientifica
Anno
2021
Lingua
Inglese
Sommario
Although COVID-19 pandemic has so far been assumed to have recessivedeflationary consequences due to the dramatic deterioration of economic forecasts worldwide, inflation risks cannot be excluded. What effects might result from the combination of billion-high liquidity injections and high decline in production levels as well as strict (and costly) security and protection requirements? And why should the term “inflation” be separated from “rising costs of living” from a macroeconomic perspective? By means of a logical-analytical approach, the following article also describes how in terms of economic policies such inflationary scenarios might be prevented. One thing is certain too: the relationship between natural disasters and inflation has always existed. Even more, if inflationary effects are—as today—only partially recognized.
Parole chiave
Costs of living, COVID-19 pandemic, Inflation, Liquidity, Economic policy
Periodico
List Forum für Wirtschafts- und Finanzpolitik
Volume
46
Numero ( Mese )
3
Pagine (o numero dell’articolo)
359-377
Diffusione
Licenza
CC BY
Visibilità
Pubblico
Status open access
Hybrid