Publication:
Who Suffers the Most from the Cost-of-Living Crisis ?

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dc.contributor.authorLokshin, Michael
dc.contributor.authorSajaia, Zurab
dc.contributor.authorTorre, Iván
dc.date.accessioned2023-04-10T18:30:48Z
dc.date.available2023-04-10T18:30:48Z
dc.date.issued2023-04-10
dc.description.abstractThis paper constructs cost-of-living indexes for different groups of households to quantify the differences in the distribution of the burden of high inflation among the populations of countries in Europe and Central Asia. The analysis demonstrates that the cost-of-living crisis of 2022–23 has had a heterogeneous impact on European populations. Poor households appear to suffer the most from rising food and energy prices. Poverty and inequality rates and the profiles of the poor based on household-specific inflation rates systematically differ from those based on the standard consumer price index approach. Accounting for the variability of inflation rates across household types might help policy makers design policies that better protect vulnerable households and promote economic growth.en
dc.identifierhttp://documents.worldbank.org/curated/en/099330104062314532/IDU030c0d9e0028c7043ae0a6ed02db23bde7115
dc.identifier.doi10.1596/1813-9450-10377
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/39654
dc.languageEnglish
dc.language.isoen
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Papers; 10377
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectINFLATION
dc.subjectCOST OF LIVING
dc.subjectPOVERTY
dc.subjectINEQUALITY
dc.subjectCOST OF LIVING INDEX
dc.subjectBURDEN OF INFLATION
dc.subjectVULNERABLE HOUSEHOLD PROTECTION
dc.titleWho Suffers the Most from the Cost-of-Living Crisis ?en
dc.typeWorking Paper
dspace.entity.typePublication
okr.crossref.titleWho Suffers the Most from the Cost-of-Living Crisis ?
okr.date.disclosure2023-04-06
okr.date.lastmodified2023-04-06T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099330104062314532/IDU030c0d9e0028c7043ae0a6ed02db23bde7115
okr.guid099330104062314532
okr.identifier.docmidIDU-30c0d9e0-28c7-43ae-a6ed-2db23bde7115
okr.identifier.doi10.1596/1813-9450-10377
okr.identifier.externaldocumentum34036789
okr.identifier.internaldocumentum34036789
okr.identifier.reportWPS10377
okr.import.id386
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099330104062314532/pdf/IDU030c0d9e0028c7043ae0a6ed02db23bde7115.pdfen
okr.region.administrativeEurope and Central Asia
okr.topicMacroeconomics and Economic Growth::Inflation
okr.topicPoverty Reduction::Inequality
okr.unitOffice of the Chief Economist (ECACE)
okr.unitEFI-ECA-POV-Poverty and Equity (EECPV)
relation.isAuthorOfPublication875b80ce-8cab-4599-b1c8-407b5d81bb47
relation.isAuthorOfPublication875b80ce-8cab-4599-b1c8-407b5d81bb47
relation.isAuthorOfPublication.latestForDiscovery875b80ce-8cab-4599-b1c8-407b5d81bb47
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