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Business Economics (2021) 56:115–116 https://doi.org/10.1057/s11369-021-00231-6 EDITORIAL Charles Steindel Published online: 9 June 2021 © National Association for Business Economics 2021, corrected publication 2021 This issue, like the ones of the past year, has pieces on top- Statistics. The paper, written by a team largely consisting ics stemming from the pandemic and its aftermath, though of Census staff, describes the products and what they have a number of articles address different subjects. been indicating. There have been outspoken concerns by figures such as Another point of discussion has been the distinction Lawrence Summers that the recently enacted American Res- between “essential” and “frontline” workers—those who cue Plan has created a substantive risk of inflation taking off. needed to be kept on the job, even during the worst of Professor Ray Fair uses his well-known model to examine the pandemic—and the rest of the labor force. Those are the specific size of the risk. Fair finds that inflation is quite descriptive terms; when push comes to shove, how many likely to increase in the near term, no matter what actions workers are in these groups? The paper by Francine Blau, the Federal Reserve might take. Indeed, he sees a nearly Josefine Koebe,
Business Economics – Springer Journals
Published: Jun 9, 2021
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