在美国8%的通胀率上升中，财政刺激仅占1%

Challenge (Atlanta, Ga.) Pub Date : 2023-11-08 DOI:10.1080/05775132.2023.2278348

Laurence Seidman

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摘要

摘要美国2021 - 2022年8%的通胀率上升主要是由2021年的财政刺激造成的吗?这篇文章提供的证据表明，在美国和欧洲8%的通胀涨幅中，有5%是由两个成本推动因素造成的:冠状病毒造成的严重供应链中断和石油成本的大幅上涨。2%是为了跟上5%的成本增长而提高工资。欧洲的1%是由天然气价格飙升造成的。美国2021年的财政刺激计划与2020年相同。在美国8%的增长中，只有1%是由2021年的财政刺激造成的。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Fiscal Stimulus Caused Only 1% of the 8% Rise in U.S. Inflation

AbstractWas the 8% rise in U.S. inflation in 2021–2022 mainly caused by 2021 fiscal stimulus? This article presents evidence that 5% of the 8% rise in U.S. and European inflation was caused by two cost pushes: severe supply chain disruptions from covid and a huge rise in the cost of oil. Two percent was caused by higher wage increases to try to keep up with the 5% cost-push. One percent in Europe was caused by a natural gas price spike. U.S. fiscal stimulus in 2021 was the same as in 2020. Only 1% of the U.S.’s 8% rise was caused by 2021 fiscal stimulus.

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Challenge (Atlanta, Ga.)

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