Supply-Shocks

Published Journal of Monetary Economics 1 Jun 2026

Monetary policy trade-offs amid global supply chain disruptions

Luis G. Hernández-Román

This paper employs a proxy structural VAR model to examine the effects of global supply chain (GSC) shocks on U.S. macroeconomic variables and the Federal Reserve’s historical response, and …

Monetary Policy Supply Shocks Inflation Fiscal Monetary Interaction Optimal Policy

— — views