country. The positive impact of price stability on income distribution is nonlinear. The reduction in inflation from … hyperinflationary levels significantly lowers income inequality, while further reduction toward a very low level of inflation seems to …This paper contributes to the income inequality literature that is based on the traditional Kuznets model. Level of …

any austere effects; low inflation reinforces, rather than counteracts, the income-equalizing effect of fiscal …This paper contributes to the income inequality literature that is based on the traditional Kuznets model. Price … stability, financial deepening, level of development, state employment, and fiscal redistribution are found to enhance income …