Income Inequality: Does Inflation Matter?
This paper contributes to the income inequality literature that is based on the traditional Kuznets model. Price stability, financial deepening, level of development, state employment, and fiscal redistribution are found to enhance income equality in a given country. While the effect of price stabil...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1998
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Schriftenreihe: | IMF Working Papers
Working Paper No. 98/7 |
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 contributes to the income inequality literature that is based on the traditional Kuznets model. Price stability, financial deepening, level of development, state employment, and fiscal redistribution are found to enhance income equality in a given country. While the effect of price stability is uniform for all levels of GDP per capita, the effect of financial deepening is found to increase with the level of development. Moreover, tight monetary policies do not seem to have any austere effects; low inflation reinforces, rather than counteracts, the income-equalizing effect of fiscal redistribution |
Beschreibung: | 1 Online-Ressource (34 p) |
ISBN: | 1451928548 9781451928549 |
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spelling | Bulir, Ales Verfasser aut Income Inequality Does Inflation Matter? Bulir, Ales Washington, D.C International Monetary Fund 1998 1 Online-Ressource (34 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 98/7 This paper contributes to the income inequality literature that is based on the traditional Kuznets model. Price stability, financial deepening, level of development, state employment, and fiscal redistribution are found to enhance income equality in a given country. While the effect of price stability is uniform for all levels of GDP per capita, the effect of financial deepening is found to increase with the level of development. Moreover, tight monetary policies do not seem to have any austere effects; low inflation reinforces, rather than counteracts, the income-equalizing effect of fiscal redistribution Online-Ausg http://elibrary.imf.org/view/IMF001/03478-9781451928549/03478-9781451928549/03478-9781451928549.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Bulir, Ales Income Inequality Does Inflation Matter? |
title | Income Inequality Does Inflation Matter? |
title_auth | Income Inequality Does Inflation Matter? |
title_exact_search | Income Inequality Does Inflation Matter? |
title_exact_search_txtP | Income Inequality Does Inflation Matter? |
title_full | Income Inequality Does Inflation Matter? Bulir, Ales |
title_fullStr | Income Inequality Does Inflation Matter? Bulir, Ales |
title_full_unstemmed | Income Inequality Does Inflation Matter? Bulir, Ales |
title_short | Income Inequality |
title_sort | income inequality does inflation matter |
title_sub | Does Inflation Matter? |
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