27 FMM Conference - Causes of Inflation - Plenary Session I - Marc Lavoie
Questioning profit inflation as an explanation of the post-Pandemic inflation
Marc Lavoie (University of Ottawa, University of Paris 13)
Marc Lavoie closes the first plenary session with a talk on post-Pandemic inflation and its causes. He raises the question of whether profit margins cause inflation and argues for multiple causes of inflation.
Plenary Session 1 - Causes of Inflation 27 FMM Conference - Inflation, Distributional Conflict and Just Transition
27 FMM Conference - Inflation, Distributional Conflict and Just Transition
At the core of the 27th FMM Conference was the question of how to explain the economic phenomenon of inflation. It focused not only on the causes of inflation, but also on its impacts and how to fight it, all of it topics dominating the public discourse. These themes interact in complex ways with distributional concerns and the ecological transformation. The causes of the current inflation remain controversial. What are the relevant weights, in different countries, of supply-side constraints, demand-side factors, mark-up power of firms, or speculation in commodity markets? What is the interaction between these factors and the role of distributional conflict between societal groups, both in driving inflation and in responding to it? Is the green transition itself a source of inflationary pressure or part of the solution? How can a just transition be achieved? What are the likely prospects for inflation given structural changes in emerging markets and demographic trends? These and more questions were discussed at the 2023 Conference.
Documentation: https://www.imk-boeckler.de/de/dokume...
Youtube Playlist: • FMM Conference 2023
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