Inflation and inequality

被引：206

作者：

Albanesi, Stefania ^{[1
]}

机构：

[1] Columbia Univ, New York, NY 10027 USA

来源：

JOURNAL OF MONETARY ECONOMICS | 2007年 / 54卷 / 04期

关键词：

inflation; inequality; distributional conflict; fiscal policy; bargaining;

D O I：

10.1016/j.jmoneco.2006.02.009

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Cross-country evidence on inflation and income inequality suggests that they are positively related. This article explores the hypothesis that this correlation is the outcome of a distributional conflict underlying the determination of government policies. A political economy model is presented in which equilibrium inflation is positively related to the degree of inequality in income due to the relative vulnerability to inflation of low income households. (C) 2006 Elsevier B.V. All rights reserved.

引用

页码：1088 / 1114

页数：27

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