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How Do Trade Disruptions Affect Inflation?

Pablo Cuba-Borda, Albert Queraltó, Ricardo Reyes-Heroles and Mikaël Scaramucci
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Albert Queraltó: https://www.federalreserve.gov/econres/albert-queralto.htm

No 2025-02-28-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: To quantify the effects of trade disruptions on inflation, we construct a measure of bilateral trade costs for a panel of 41 countries using annual data from 1995 through 2020. We then estimate an empirical model linking changes in trade costs to inflation.

Date: 2025-02-28
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2025-02-28-1

DOI: 10.17016/2380-7172.3664

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