Discussion Paper
Effects of Supply Chain Bottlenecks on Prices using Textual Analysis
Abstract: After collapsing in the second half of 2020, global demand for goods, as reflected in global trade, has been exceptionally strong and now well exceeds pre-pandemic levels. The sharp bounceback reflects several factors, including an unprecedented amount of global stimulus and the drawdown of excess savings (especially for high-income households).
https://doi.org/10.17016/2380-7172.3037
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Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2021-12-03
Number: 2021-12-03-2