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Effects of Supply Chain Bottlenecks on Prices using Textual Analysis

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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).

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  • Flora Haberkorn & Anderson Monken & Eva Van Leemput & Henry L. Young, 2021. "Effects of Supply Chain Bottlenecks on Prices using Textual Analysis," FEDS Notes 2021-12-03-2, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfn:2021-12-03-2
    DOI: 10.17016/2380-7172.3037
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    File URL: https://www.federalreserve.gov/econres/notes/feds-notes/effects-of-supply-chain-bottlenecks-on-prices-using-textual-analysis-20211203.htm
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    Cited by:

    1. Diego A. Comin & Robert C. Johnson & Callum J. Jones, 2023. "Supply Chain Constraints and Inflation," NBER Working Papers 31179, National Bureau of Economic Research, Inc.

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