Presenter(s)

    Breanne M. Greene, Mary Ann Tully

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    Description

    In this study, we look at inflation trends pre and post the 2008 "great" recession to determine if there was a recession effect on inflation. The following measures of inflation are used in the study: (1) CIP-ALL, (2) CPI- Less Food and Energy, (3) Personal Consumption Expenditures (PCE), (4) Employment Cost Index (ECI). We test several hypothesis; (1) inflation rates post 2008 recession are lower than inflation rates pre 2008 recession, (2) CPI inflation measures trend higher than PCE measures, (3) ECI cost inflation measures post 2008 rend lower than pre 2008 measures, (4) lower demand poll inflation measures (e.g. CPI-ALL) post 2008 recession are partly due to lower cost push inflation measures (ECI) post 2008 recession.

    Publication Date

    4-22-2021

    Project Designation

    Independent Research

    Primary Advisor

    Tony S. Caporale, Robert D. Dean

    Primary Advisor's Department

    Economics and Finance

    Keywords

    Stander Symposium project, School of Business Administration

    United Nations Sustainable Development Goals

    Quality Education

    Long Term Inflation Trends and the 2008 Recession; An Empirical Analysis 2001-2019

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