CEPR Research-Policy-Panel "Inflation is baaack!"
The CEPR Research-Policy-Panel "Inflation is baaack!" was organised by the Michael Weber (University of Chicago Booth School of Business and CEPR) and took place on Wednesday 5 October 2022 at 5pm-7pm CEST.
Following years of low inflation levels, Western economies are experiencing a rapid increase in prices, prompting the notion of the “return of inflation”. The panel will analyse and discuss the recent price developments, their drivers, and heterogeneous effects in the cross section of households and how inflation affects households’ finances and their purchasing power. The panel will also discuss in detail how inflation expectations can be a driver of future inflationary pressures and how inflation expectations relate to portfolio choices, debt decisions, and wage bargaining and labor supply. After a brief overview and introduction to the topic by Michael Weber, each panellist, joining either onsite or online, will present for about 10 minutes, followed by a moderated discussion. There will be an opportunity for the online and onsite audiences to submit questions to the panel.
The speakers for this policy panel were:
• Francesco D’Acunto (Associate Research Professor of Finance at Georgetown University)
• Christian Keller (Head of Economics Research at Barclays Investment Bank)
• Barbara Kauffmann* (Director for Employment and Social Governance, Analysis in theDirectorate of Employment, Social Affairs and Inclusion of the European Commission DG EMPL)