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Debt and inflation: the shape of the global pandemic recovery

ACDE Seminar


Yixiao Zhou, Australian National University


Other, please see description for details


Tuesday, 7 June, 2022 - 14:00 to 15:30

The pandemic crisis introduced an unprecedented supply-side shock that was global in scope. Despite historically high levels of prior sovereign debt and low bond yields, macro policy responses included monetised fiscal expansions of extraordinary magnitude. Conventional theory suggests that the combination of supply contractions and monetised fiscal expansions is inflationary, yet central bank discourse at the time expressed little concern about inflation.

Find flyers, registration, and complete event details at https://crawford.anu.edu.au/news-events/events/20250/debt-and-inflation-shape-global-pandemic-recovery


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