, this paper also asks whether faster productivity growth reduces inflation, raises nominal wage growth, or raises profits …. We find that an acceleration or deceleration of the productivity growth trend alters the inflation rate by at least one …A basic tenet of economic science is that productivity growth is the source of growth in real income per capita. But …

final consumption delivers a superstar effect: GDP depends disproportionately on the highest levels of productivity in the …

indices and reveal the existence of a pro-rich inflation in Europe. Particularly, over the period 2001-15, the consumption … those of the richest decile. We find that ignoring the differential inflation across the distribution underestimates the … large enough to alter the inequality ranking of numerous countries. The average inflation effect we detect is almost as …

indices and reveal the existence of a pro-rich inflation in Europe. Particularly, over the period 2001-15, the consumption … those of the richest decile. We find that ignoring the differential inflation across the distribution underestimates the … large enough to alter the inequality ranking of numerous countries. The average inflation effect we detect is almost as …

Inflation is often assumed to affect all people in the same way. In practice, differences in spending patterns across … households and differences in price increases across goods and services lead to unequal levels of inflation for different … households. In this paper, we measure the degree of inequality in inflation across U.S. households for the period 1987-2001.Our …

unequal levels of inflation faced by different households. In this paper we measure the degree of inequality in inflation … sample period there are substantial differences in the inflation experiences across U.S. households. We find that the cost of …, when looking at the whole population, we find that individual households that are confronted with high inflation in one …

Inflation rates differ across households depending on their sociodemographic characteristics. This paper calculates the … inflation rates experienced by income quintiles in the US, the EU, France, Germany, Italy, Spain, and the UK between 2001 and … 2021. The results indicate substantial inflation inequality between quintiles. Households with lower income experienced …

This study analyses the impact of economic catching-up on annual inflation rates in the European Union with a special … Balassa-Samuelson effect is not an important driver of inflation rates. By contrast, we find that the initial price level and … regulated prices strongly affect inflation outcomes in a nonlinear manner and that the extension of Engel's Law may hold during …