Alberto Cavallo

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Staff working papers

What Can Stockouts Tell Us About Inflation? Evidence from Online Micro Data

Staff Working Paper 2021-52 Alberto Cavallo, Oleksiy Kryvtsov
Did supply disruptions and cost pressures play a role in rising inflation in 2020 during the COVID-19 pandemic? Using data collected from websites of large retailers in multiple sectors and countries, we show that shortages may indicate transitory inflationary pressures.

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