Goryunov, Eugene L.; Drobyshevsky, Sergey M.; Kudrin, … - In: Russian journal of economics 9 (2023) 3, pp. 219-244
The paper examines the factors of global inflation acceleration in 2021-2022. We consider primarily the developed … economies, where rates of inflation over the last two years have exceeded multi-year highs and have significantly exceeded … target levels. We find that the cause of accelerating inflation was an imbalance between aggregate demand, which started to …
