Inflation, Growth, and Income Distribution: A Cross-Country Study

This short paper uses a newly compiled cross-country panel data on income distribution to explore the impact of inflation on income distribution and economic growth. We have found that inflation (1) worsens income distribution; (2) increases the income share of the rich; (3) has a negative but insignificant effect on the income shares of the poor and the middle class; and (4) reduces the rate of economic growth.

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Year of publication:	2002-05
Authors:	Li, Hongyi ; Zou, Heng-fu
Institutions:	China Economics and Management Academy, Central University of Finance and Economics (CUFE)
Subject:	Inflation \| Income distribution \| Growth

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Extent:	application/pdf
Series:	CEMA Working Papers.
Type of publication:	Book / Working Paper
Notes:	Published in Annals of Economics and Finance, May 2002, pages 85-101 Number 85 17 pages
Classification:	D3 - Distribution ; E3 - Prices, Business Fluctuations, and Cycles ; O4 - Economic Growth and Aggregate Productivity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009207419