というNBER論文が上がっている。原題は「Inflationary Effects of Fiscal Support to Households and Firms」で、著者はGalina Hale(UCサンタクルーズ)、John C. Leer(モーニング・コンサルト*1)、Fernanda Nechio(SF連銀)。 以下はその要旨。 Fiscal support measures in response to the COVID-19 pandemic varied in their targeted beneficiaries. Relying on variability across 10 large economies, we study differences in the inflationary effects of fiscal support measures t