household behaviour, a significant and time-varying inflation difference between income groups emerges. Substitution is strongly …This paper studies the nature, evolution, and sources of inflation heterogeneity across households in France and … Germany. Inflation differences are large and persistent. The two main sources of inflation heterogeneity are spatial …

This paper studies the effect of monetary policy on inflation along the income distribution in several euro area …. On the one hand, different consumption shares imply that inflation by high-income households responds less to monetary … its reaction to monetary policy, which imply that inflation by high-income households responds more to monetary policy. …

This paper studies the effect of monetary policy on inflation along the income distribution in several euro area …. On the one hand, different consumption shares imply that inflation by high-income households responds less to monetary … its reaction to monetary policy, which imply that inflation by high-income households responds more to monetary policy. …

Empirical evidence suggests that considerable differentials in inflation rates exist across households. This paper … investigates how central banks should react to household inflation heterogeneity in a tractable New Keynesian model. We include two … households that differ in their consumer price inflation rates after adverse shocks. The central bank reacts to either an average …

Empirical evidence suggests that considerable differentials in inflation rates exist across households. This paper … investigates how central banks should react to household inflation heterogeneity in a tractable New Keynesian model. We include two … households that differ in their consumer price inflation rates after adverse shocks. The central bank reacts to either an average …

We use scanner data to estimate inflation rates at the household level. Households' inflation rates have an annual … inflation, but most cross-sectional variation is uncorrelated with observables. Households' deviations from aggregate inflation … exhibit only slightly negative serial correlation. Almost all variability in a household's inflation rate comes from …

We use scanner data to estimate inflation rates at the household level. Households' inflation rates have an annual … inflation, but most cross-sectional variation is uncorrelated with observables. Households' deviations from aggregate inflation … exhibit only slightly negative serial correlation. Almost all variability in a household's inflation rate comes from …

We use scanner data to estimate inflation rates at the household level. Households' inflation rates have an annual … inflation, but most cross-sectional variation is uncorrelated with observables. Households' deviations from aggregate inflation … exhibit only slightly negative serial correlation. Almost all variability in a household's inflation rate comes from …

active product substitution, allowing households to reduce their inflation exposure substantially. Factors like age and …It has been widely documented that households experience different inflation rates which are generally concealed in … individual households and try to explain the causes for the observed inflation differences. Considering not only consumption …

Given the complexity of interaction between inflation and inequality, we examine whether the impact of inflation on … contemporaneous effect of inflation on the inequality which becomes stronger with higher levels of income inequality. However, over a … one year period, we find higher inflation rate to further increase income inequality only when income inequality is …