Inflation and Income Distribution: Further Evidenceon Empirical Links
This paper examines the effects of inflation and associated financial instability on income distribution. Using both pooled cross country and single country time series models, the level of inflation, inflation variability, and the variability of the nominal exchange rate are shown to impact negativ...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
1995
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 95/86 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper examines the effects of inflation and associated financial instability on income distribution. Using both pooled cross country and single country time series models, the level of inflation, inflation variability, and the variability of the nominal exchange rate are shown to impact negatively on overall income equality. Looking at disaggregate measures of income distribution, the issue as to whether inflation is a progressive or regressive tax is found to be negatively correlated with the level of development and the sophistication of the financial structure. The paper argues that these results point towards financial variables as a partial way of rectifying the generally poor explanatory power of both cross-country and time series models of income distribution |
| Beschreibung: | 1 Online-Ressource (30 p) |
| ISBN: | 1451850824 9781451850826 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:19Z |
| indexdate | 2024-07-10T09:35:27Z |
| institution | BVB |
| isbn | 1451850824 9781451850826 |
| language | English |
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| oclc_num | 1337140098 |
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| spelling | Bulir, Ales Verfasser aut Inflation and Income Distribution Further Evidenceon Empirical Links Bulir, Ales Washington, D.C International Monetary Fund 1995 1 Online-Ressource (30 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 95/86 This paper examines the effects of inflation and associated financial instability on income distribution. Using both pooled cross country and single country time series models, the level of inflation, inflation variability, and the variability of the nominal exchange rate are shown to impact negatively on overall income equality. Looking at disaggregate measures of income distribution, the issue as to whether inflation is a progressive or regressive tax is found to be negatively correlated with the level of development and the sophistication of the financial structure. The paper argues that these results point towards financial variables as a partial way of rectifying the generally poor explanatory power of both cross-country and time series models of income distribution Online-Ausg Gulde, Anne Marie Sonstige oth http://elibrary.imf.org/view/IMF001/03548-9781451850826/03548-9781451850826/03548-9781451850826.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Bulir, Ales Inflation and Income Distribution Further Evidenceon Empirical Links |
| title | Inflation and Income Distribution Further Evidenceon Empirical Links |
| title_auth | Inflation and Income Distribution Further Evidenceon Empirical Links |
| title_exact_search | Inflation and Income Distribution Further Evidenceon Empirical Links |
| title_exact_search_txtP | Inflation and Income Distribution Further Evidenceon Empirical Links |
| title_full | Inflation and Income Distribution Further Evidenceon Empirical Links Bulir, Ales |
| title_fullStr | Inflation and Income Distribution Further Evidenceon Empirical Links Bulir, Ales |
| title_full_unstemmed | Inflation and Income Distribution Further Evidenceon Empirical Links Bulir, Ales |
| title_short | Inflation and Income Distribution |
| title_sort | inflation and income distribution further evidenceon empirical links |
| title_sub | Further Evidenceon Empirical Links |
| url | http://elibrary.imf.org/view/IMF001/03548-9781451850826/03548-9781451850826/03548-9781451850826.xml |
| work_keys_str_mv | AT bulirales inflationandincomedistributionfurtherevidenceonempiricallinks AT guldeannemarie inflationandincomedistributionfurtherevidenceonempiricallinks |