Inflation and the poor

William Easterly; Stanley Fischer

doi:10.2307/2673879

Inflation and the poor

William Easterly, Stanley Fischer

Research output: Contribution to journal › Article › peer-review

Abstract

Using polling data for 31,869 households in thirty-eight countries and allowingg 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.

Original language	English (US)
Pages (from-to)	160-178
Number of pages	19
Journal	Journal of Money, Credit and Banking
Volume	33
Issue number	2
DOIs	https://doi.org/10.2307/2673879
State	Published - May 2001

ASJC Scopus subject areas

Accounting
Finance
Economics and Econometrics

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10.2307/2673879

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Inflation and the poor

Abstract

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