ARE Professor Jens Hilscher and Coauthors' Work on Probabilities of Elevated Inflation Cited by IMF and ECB Officials and Numbers Shown in FT Column

Faculty
In the News

Sept. 2, 2022

In the current environment of highly elevated inflation, Hilscher, Raviv and Reis's paper "How Likely is an Inflation Disaster?" is getting a lot of attention. It was cited by IMF first deputy managing direct Gita Gopinath in her speech at the high profile Jackson Hole conference. FT commentator Martin Wolf used the distributions developed in the paper in his recent column on inflation and the economic outlook, and ECB executive board member Philip Lane also cited the work in a recent speech.