Inflation

Financial Times reporter Tim Harford writes about the Billion Prices Project, which was started by Profs. Alberto Cavallo and Roberto Rigobon in an effort to better understand inflation by gathering price data from online retailers. Harford writes that the project’s “approach to inflation is also helping us to understand the fundamental question of why recessions happen.”

In a piece for The Huffington Post, Jon Hartley writes about The Billion Prices Project, an initiative started by Profs. Roberto Rigobon and Alberto Cavallo to measure daily inflation. “The BPP daily inflation indices cover more than 70 countries and use daily price fluctuations of over five million items sold in over 300 online retailers,” Hartley explains.