Araujo, Pedro de - In: Bulletin of Economic Research 67 (2015) 1, pp. 14-29
type="main" <title type="main">ABSTRACT</title> <p>Using US cross-sectional data, this paper calculates the welfare cost of a 10 percent inflation for different individuals and finds that the difference in cost between the poorest 20 percent, measured by their net worth, and the richest 20 percent is in the order of 102...</p>
