Lena Anayi

Jan 10, 2025 | bankofengland.co.uk | Philip Bunn |Lena Anayi |Nicholas Bloom |Paul Mizen

Staff Working Paper No. 1,107By Philip Bunn, Lena Anayi, Nicholas Bloom, Paul Mizen, Gregory Thwaites and Ivan YotzovMacro data suggest a convex relationship between inflation and economic slack, but identifying causality in this setting is challenging. Using data from large panel surveys of UK and US firms we show that the response of prices to demand shocks is also convex at the firm level.

Dec 6, 2024 | nber.org | Philip Bunn |Lena Anayi |Nicholas Bloom |Paul Mizen

The authors would like to thank Jose Barrero, Steve Davis, Kevin Foster, Brent Meyer, and Emil Mihaylov for the US data, and the Economic and Social Research Council for funding under grant ES/X013707/1. The authors also benefitted from comments by seminar participants in Princeton, Chicago Fed, Boston College, Bristol, LSE, UCL, Warwick, Nottingham, Sciences Po, Banca d’Italia, the IMF as well as at the BCEA, ICEA, ECB, ASSA, SITE, CBBS, MMF, RES, and SUERF conferences.

Jun 1, 2023 | nber.org | Ivan Yotzov |Lena Anayi |Nicholas Bloom |Philip Bunn

The authors would like to thank the Economic and Social Research Council, Nottingham and Stanford universities for financial support. A shorter version of this paper appeared in the May 2023 issue of the AEA Papers and Proceedings. The current version of the paper includes data from the Decision Maker Panel up to April 2023, whereas the AEA P&P paper includes data up to December 2022.