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Inflation, inequality, and social conflict /

This paper presents and then tests a political economy model to analyze the observed positive relationship between income inequality and inflation. The model's key features are unequal access to both inflation-hedging opportunities and the political process. The model predicts that inequality a...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Crowe, Christopher (Christopher W.) (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, IMF Institute, 2006.
Colección:IMF working paper ; WP/06/158.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Contents
  • I. Introduction
  • II. Household Optimization
  • III. Political Optimization
  • IV. Empirical Analysis
  • V. Concluding Remarks