 | Inflation Expectations and the Supply Chain Author/Editor: Elías Albagli, Francesco Grigoli, Emiliano Luttini. Release Date:August, 2022 We show that firms rely on price changes observed along their supply chain to form expectations about aggregate inflation, and that these expectations have a complete pass-through to sales prices. more...
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 | Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market Author/Editor: Francesco Grigoli, Emiliano Luttini, Damiano Sandri. Release Date:December, 2021 This paper provides the first assessment of the contribution of idiosyncratic shocks to aggregate fluctuations in an emerging market using confidential data on the universe of Chilean firms. We find more...
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