Alberto Cavallo

May 14, 2024 | econofact.org | Michael O'Hanlon |Alberto Cavallo |Karen Dynan |Jay Shambaugh

Defense spending is a large enough part of the federal budget to have relevant economic implications, and it can be especially important for locales where bases are situated. Defense spending also has a record of fostering research and development of new technologies. But the core reason for these expenditures are, naturally, national defense.

May 8, 2024 | econofact.org | Alberto Cavallo |Dan Sichel |Michael Klein

Reported inflation statistics receive wide attention but it is important to realize that these aggregate numbers can mask important differences across people’s experience of price increases depending upon what goods and services they actually purchase. Recognizing this, a report by the National Academies of Sciences calls for estimating separate price indexes by income categories.

Feb 25, 2024 | econofact.org | Alberto Cavallo

The Bureau of Labor Statistics samples about 80,000 products and services each month to estimate headline inflation. But the published inflation rate, like many other aggregate statistics, masks very different price changes across categories of goods. What information can we glean from a more fine-grained look at price changes across more disaggregated categories of goods and services, or even particular products?

Feb 6, 2024 | mondaq.com | Alberto Cavallo

Geopolitics and global inflation have generated a rise in cash transactions across the world, exposing opportunities and insurance risks to cash in transit operators. The post-COVID-19 recovery, growing geopolitical volatility and global inflation drove a renaissance in cash transactions in the U.K. and other advanced nations, providing cash in transit (CIT) security operators with windows of business opportunity and the associated risks.