Most studies of how inflation affects income distribution focus only on wages or the inflation tax. The authors argue that this approach can be misleading as it ignores important channels through which inflation affects income distribution. The authors present an integrated framework that combines interest bearing assets with labor income and cash holdings. This allows them to describe clearly the conditions under which inflation will create gainers...
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1993/09/30
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Рабочий документ в рамках исследования вопросов политики
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WPS1183
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1
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1
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2010/07/01
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Who would vote for inflation in Brazil? : an integrated framework approach to inflation and income distribution
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inflation
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