). How has this affected household well-being? The paper first develops a new model to address this issue. The inflation tax … on income is defined as the difference between the nominal and real growth in income. This term is always negative (as … long as inflation is positive). The inflation gain on household wealth is the revaluation resulting from asset price …

report titled "Households below Average Income") and ROI (from the Office of National Statistics Redistribution of Income …) ; Great Britain ; Economic Well-Being ; Economic Inequality ; Household Income Measures … analysis). We analyze overall trends in the level and distribution of household well-being using all three measures for Great …