Offshoring and Inflation

We thank Nan Li, Eric Sims, Jón Steinsson, and participants Yale University, Indiana University, UC Berkeley, the Brookings Productivity Measurement Initiative Authors’ Conference (September 2019), the Colombian Central Bank’s RED Investigadores Conference (October 2019), the International Trade Dynamics Workshop (June 2020), the and the Central Bank Macro Modeling Workshop (October 2020) for helpful comments. For financial support, both authors thank the Brookings Productivity Measurement Initiative, and Comin thanks the Bank of England and the Houblon-Norman fellowship. We also thank Isabel Hanisch for research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

• October 14, 2020