Discussion Paper

How Do Trade Disruptions Affect Inflation?


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.

https://doi.org/10.17016/2380-7172.3664

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2025-02-28

Number: 2025-02-28-1