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. 2021 Feb 16;125:104088. doi: 10.1016/j.jedc.2021.104088

Fig. 14.

Fig. 14

Response of Πt,pta to the estimated sequence of shocks for αt, 2020Q1-2021Q2, under Keynesian Supply Shocks The CPI series is taken as the quarterly average of the year-on-year change on the CPI (FRED series CPIAUCSL).