interest bearing assets (LAMP). We show that a combination of higher inflation and lower income taxes reduces inequality. When …A popular argument in favour of price stability is that the inflation-tax burden would disproportionately fall on the … we calibrate the share of constrained agents to fit the wealth Gini index for the US, the optimal inflation rate is above …

positive correlation between income inequality and inflation and then present a theory of the determination of inflation … outcomes in democratic societies that illustrates how greater inequality leads to greater inflation, owing to a desire by … better inflation outcomes for a given degree of inequality …

of the rise in inequality. Data show that income inequality in Canada increased substantially during the 1980s and first …Concerns over rising inequality have heightened in the years following the 2007-09 global financial crisis and, more … recently, with the COVID-19 pandemic. This staff discussion paper reviews the historical facts regarding income inequality in …