This paper analyses the distributional impact of high consumer inflation in the euro area and government measures to … quantify the distributional impact of inflation, income support measures and measures aimed at containing prices. The analysis … confirms that purchasing power and welfare were more severely affected by the 2022 inflation surge in lower-income households …

(2003), 221–238] to derive and order six alternative measures of the welfare costs of inflation (five of them already …

The literature on the welfare costs of inflation universally assumes that the many-person household can be treated as a … function and, therefore, the welfare costs of inflation. Second, more importantly, we derive sufficient conditions under which …-equilibrium measure of the welfare costs of inflation can be obtained as a first-order approximation of the general-equilibrium welfare …