commodity prices rise worldwide unless interrupted by an international banking crisis. This cyclical inflation on the dollar … People's Republic of China (PRC) is forced to keep its interest rates below market-clearing levels, it also suffers from …

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 …