Inflation and the Poor EASTERLY, WILLIAM; Fischer, Stanley

User activity

Share to:
View the summary of this work
Authors
EASTERLY, WILLIAM ; Fischer, Stanley
Appears In
Journal of Money, Credit & Banking
Subjects
Poor -- Beliefs, opinions and attitudes; Inflation (Economics) -- Economic aspects; Inflation (Finance) -- Economic aspects
Audience
Academic
Summary
Using polling data for 31,869 households in thirty-eight countries and allowing for country effects, we show that the poor are more likely than the rich to mention inflation as a top national concern. This result survives several robustness checks. We also find direct measures of improvements in well-being of the poor--the change in their share in national income, the percent decline in poverty, and the percent change in the real minimum wage--to be negatively correlated with inflation in pooled cross-country samples.
Bookmark
http://trove.nla.gov.au/work/256046
Work ID
256046

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this work

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this work

Add a comment


Show comments and reviews from Amazon users