There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature … assessing the effect of rising food prices on the poor. This paper attempts to combine these strands by dividing inflation into … food and nonfood inflation and assessing whether food inflation affects income inequality differently from nonfood …

increase according to trends in productivity and the target inflation rate of the central bank. Wage developments without …

This paper studies the effect of monetary policy on inflation along the income distribution in several euro area …. On the one hand, different consumption shares imply that inflation by high-income households responds less to monetary … its reaction to monetary policy, which imply that inflation by high-income households responds more to monetary policy. …

We quantitatively analyze the way inflation alters the inequality of the income distribution in the U.S. economy. The … main mechanism emphasized in this paper is the "bracket creep" effect according to which inflation pushes income into …, we study time series from the U.S. economy. As our central result we find that irrespective of the level of inflation …

What are the tradeoffs that the public is willing to accept between inflation and unemployment? We find that people … dislike unemployment more than inflation. This is true for both Europe and Latin America. For the latter, the aversion to … unemployment relative to inflation is much greater. Moreover, in both regions, the poor's distaste for unemployment relative to …

We examine the consumer price inflation experiences of Australian households across the income distribution using … – 2018, we find that the lowest income households have experienced the largest inflation and those at the top have … experienced the least inflation. These differences in inflation experience are completely driven by alcohol and tobacco. When we …

We present new empirical evidence for the US economy that inflation reduces the inequality of the earnings distribution … higher inflation on income distribution is shown to be rather small. However, we find that a longer duration between two …

Inflation and earnings growth can push some tax payers into higher brackets in the absence of inflation …-indexed schedules. Moreover, inflation may affect the composition of individuals’ income sources. As a result, depending on the relative … tax burden of labour and capital, inflation may decrease or increase the difference between before-tax and after …

There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature … assessing the effect of rising food prices on the poor. This paper attempts to combine these strands by dividing inflation into … food and nonfood inflation and assessing whether food inflation affects income inequality differently from nonfood …