Post
Joey Politano @JosephPolitano ยท Jun 18, 2022
  • From Twitter

One of my favorite papers. The initial shock of higher rates pushes people out of homeownership and into rentals, driving CPI rents up. But the overall effect of a contractionary monetary shock is still less inflation.

Recommended by 1 person
1 mention
Share on Twitter Repost
Replies
Reply
No replies yet