Even before COVID-19, Italy's fiscal stance was too tight.
@adam_tooze, @heimbergecon & I put Italy's output gap a… https://t.co/0BJ7CB8Vwm
More circumstantial evidence for the effect of a sudden pop in markups on the current inflationary surge. @SoberLook thedailyshot.com/2022/06/28/bus… https://t.co/HBcYTT0gXM
More circumstantial evidence for the effect of a sudden pop in markups on the current inflationary surge. @SoberLook thedailyshot.com/2022/06/28/bus… https://t.co/HBcYTT0gXM