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Evidence on the portfolio holdings and transaction patterns of households suggests that the burden of inflation is not evenly distributed. We build a monetary growth model consistent with key features of cross- sectional household data and use this framework to study the distributional impact of...
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In this paper we perform an empirical analysis to investigate the impact of socio-economic heterogeneity on electoral … results suggest that increased ethnic heterogeneity and reduced social pressure tend to depress turnout. …
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We analyze cross-household inflation dispersion in Europe using "fictitious" monthly inflation rates for several household categories (grouped according to income levels, household size, socio-economic status, age) for the period from 1997 to 2008. Our analysis is carried out on a panel of 23 up...
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