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Numerous studies document a positive correlation between inflation and income inequality. I show that this correlation … period and sample of countries. In the literature on the political economy of inflation, monetary financing and income taxes … are substitutes. Correspondingly, as the correlation between inequality and inflation has become more negative, the …
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High post-war inflation precipitated a counter reformation in theory from Keynesianism and established the conventional … improve economic performance and, although inflation fell, mass unemployment and poverty returned. The explanation for this … explained joblessness. A study of the trend in import prices suggests, however, that the fall in inflation can be more readily …
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