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We analyze cross-household inflation dispersion in Europe using "fictitious" monthly inflation rates for several … to 2008. Our analysis is carried out on a panel of 23 up to 27 household-specific inflation rates per country for 15 … cross-country differences in inflation inequality with respect to the number of driving forces in the panel. In particular …
Persistent link: https://www.econbiz.de/10010420859
We analyze cross-household inflation dispersion in Europe using "fictitious" monthly inflation rates for several … to 2008. Our analysis is carried out on a panel of 23 up to 27 household-specific inflation rates per country for 15 … cross-country differences in inflation inequality with respect to the number of driving forces in the panel. In particular …
Persistent link: https://www.econbiz.de/10010425224
We analyze cross-household inflation dispersion in Europe using “fictitious” monthly inflation rates for several … to 2008. Our analysis is carried out on a panel of 23 up to 27 household-specific inflation rates per country for 15 … cross-country differences in inflation inequality with respect to the number of driving forces in the panel. In particular …
Persistent link: https://www.econbiz.de/10008852139
than the prices of nontradables/higher-priced varieties. These relative price changes may lead to inflation inequality when …, we show that inflation of poor households in Brazil was at least 11 percentage points higher than of the rich in the … aftermath of the 2002 large devaluation. A detailed case study of the City of São Paulo estimates an inflation inequality …
Persistent link: https://www.econbiz.de/10012388917
than the prices of nontradables/higher-priced varieties. These relative price changes may lead to inflation inequality when …, we show that inflation of poor households in Brazil was at least 11 percentage points higher than of the rich in the … aftermath of the 2002 large devaluation. A detailed case study of the City of São Paulo estimates an inflation inequality …
Persistent link: https://www.econbiz.de/10012239519
form a monetary union, the country with higher initial inflation will deffnitely experience an increase in its inequalities …. In the country with lower initial inflation, however, inequalities might go in either direction since the inflationary … effect of uniting its monetary policy with a high inflation country can dominate the reducing effect of vanished trade …
Persistent link: https://www.econbiz.de/10008694922
Brazil. The evidence shows that the chronic high inflation existent at the time had a clear and significant effect in raising … inequality. The results based on panel time series data and analysis are robust for different concepts of inflation, inequality … measures, estimators and specifications. The economic intuition suggests that high inflation rates combined with incomplete …
Persistent link: https://www.econbiz.de/10005135247
We examine how macroeconomic performance, mainly in the role of inflation, affected earnings inequality during the 1980 …’s and early 90’s in regional Brazil. The evidence shows that the high and volatile inflation rates existent at the time … panel time series T>N data and analysis, are robust for different concepts of inflation, inequality measures, estimators and …
Persistent link: https://www.econbiz.de/10005596826
Predicting the future is an imprecise science, and something that should always be carried out carefully and the results should be taken with a pinch of salt. That said it is sensible to assume that most of the drivers of commoditization are likely to remain in force for the foreseeable future....
Persistent link: https://www.econbiz.de/10005113400
Predicting the future is an imprecise science, and something that should always be carried out carefully and the results should be taken with a pinch of salt. That said it is sensible to assume that most of the drivers of commoditization are likely to remain in force for the foreseeable future....
Persistent link: https://www.econbiz.de/10008552784