Economist Pavlina Tcherneva Speaks with Marketplace About Inflation
Pavlina Tcherneva, president of the Levy Economics Institute.
Pavlina Tcherneva, president of the Levy Economics Institute at Bard College, spoke with Marketplace about the current state of inflation in the US economy. The article notes that when the prices of groceries, gas, and rent rise faster than wages, consumers lose purchasing power, which is reflected in the current inflation numbers. “I expect that these price shocks will ripple through the economy in coming months,” said Tcherneva, who added that she does not expect wages to improve much. “Workers are going to be squeezed on both sides, stagnating wages and increasing cost of living."
The Levy Economics Institute Graduate Programs in Economic Theory and Policy were created to offer students an alternative to mainstream programs in economics and finance. These programs combine a rigorous course of study with the exceptional opportunity to participate in advanced economics research alongside Institute scholars. The Levy Institute’s programs also give Bard College undergraduates the opportunity to meet prominent figures who give seminars, attend conferences, and serve on the research staff.
Post Date: 06-09-2026
The Levy Economics Institute Graduate Programs in Economic Theory and Policy were created to offer students an alternative to mainstream programs in economics and finance. These programs combine a rigorous course of study with the exceptional opportunity to participate in advanced economics research alongside Institute scholars. The Levy Institute’s programs also give Bard College undergraduates the opportunity to meet prominent figures who give seminars, attend conferences, and serve on the research staff.
Post Date: 06-09-2026