I’m hiring research professionals (aka predocs) to join my team. Lots of exciting ongoing projects on energy, environment, development, and agriculture. Please share widely! epic.uchicago.edu/about/jobs-f... 📈📉

The idea of wage-price spirals resonates with regular people that experience high inflation. I have always felt uneasy that I don't know how to think about this idea formally. Guido and Ivan reinterpret a relatively standard model to help us think about what a wage-price spiral is. Very insightful:

💡steps toward bridging Keynesian & search perspectives in "A Theory of Non-Coasean Labor Markets" (Blanco, Drenik, Moser, Zaratigui), which can speak to inefficient job separations; those shape the impact of monetary shocks & can be identified using standard microdata. #EconSky 📉📈