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The poor suffer more from inflation than the rich do, reveals this survey of poor people in 38 countries. Using polling … more likely than the rich to mention inflation as a top national concern. This result survives several robustness checks … percentage decline in poverty, and the percentage change in the real minimum wage - are negatively correlated with inflation in …
Persistent link: https://www.econbiz.de/10014144469
that the poor are more likely than the rich to mention inflation as a top national concern. This result survives several … with inflation in pooled cross-country samples. High inflation tends to lower the share of the bottom quintile and the real …
Persistent link: https://www.econbiz.de/10014146683
Persistent link: https://www.econbiz.de/10003796617
Persistent link: https://www.econbiz.de/10003416349
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This paper explores the links between gradual capital account liberalization and the exchange rate regime in Morocco where the process of economic and financial openness is relatively advanced. Using a game theory model with two economic agents, that are monetary authorities and domestic firms,...
Persistent link: https://www.econbiz.de/10010344070
This paper investigates the relationship between capital account openness and inflation since the 1980s. It argues that … financial integration and inflation. It tests the prediction of the theoretical model by employing static and dynamic panel data …
Persistent link: https://www.econbiz.de/10012562656
This paper examines the distributional impact of capital account liberalization. Using panel data for 149 countries from 1970 to 2010, we find that, on average, capital account liberalization reforms increase inequality and reduce the labor share of income in the short and medium term. We also...
Persistent link: https://www.econbiz.de/10012999758
explores implications for growth, innovation, inflation, financial markets, fiscal policy, and several socio-economic outcomes …, adjustment in energy markets, increased inflation variability, financial markets stress, intensified innovation, increased …
Persistent link: https://www.econbiz.de/10014230344
This paper investigates a perception in the political debates as to what extent poor countries are affected by price 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...
Persistent link: https://www.econbiz.de/10011336943