movements in the global commodity markets. To test this perception, we use the case of India to establish in a standard SVAR … model that global food prices influence aggregate prices and food prices in India. To further analyze these empirical …

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 …