). January 2026. A New Reason to HateGroceryInflation. Measuring and Interpreting Inflation Heterogeneity... This paper documents how price change dispersion interacts with households' product choices to generate substantial inflation heterogeneity ... DOI.
The Long-Run Effects of Fiscal Rebalancing in a Heterogeneous-Agent Model... Using a heterogeneous-agent model calibrated to French data, we compare pre- and post-reform steady states.