Inflation and the Poor

Easterly, William; Fischer, Stanley

doi:10.1596/1813-9450-2335

Publication:
Inflation and the Poor

dc.contributor.author	Easterly, William
dc.contributor.author	Fischer, Stanley
dc.date.accessioned	2014-06-30T18:46:43Z
dc.date.available	2014-06-30T18:46:43Z
dc.date.issued	2000-05
dc.description.abstract	Using polling data for 31,869 households in 38 countries, and allowing for country effects, the authors show that the poor are more likely than the rich to mention inflation as a top national concern. This result survives several robustness checks. Also, direct measures of improvements in well-being for the poor - the change in their share of national income, the percentage decline in poverty, and the percentage change in the real minimum wage - are negatively correlated with inflation in pooled cross-country samples. High inflation tends to lower the share of the bottom quintile and the real minimum wage - and tends to increase poverty.	en
dc.identifier	http://documents.worldbank.org/curated/en/2000/05/437689/inflation-poor
dc.identifier.uri	http://hdl.handle.net/10986/18842
dc.language	English
dc.language.iso	en_US
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Policy Research Working Paper;No. 2335
dc.rights	CC BY 3.0 IGO
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo/
dc.subject	ACTUAL RATE OF INFLATION
dc.subject	AVERAGE INFLATION
dc.subject	AVERAGE PERCENT INFLATION
dc.subject	BONDS
dc.subject	BUYING POWER
dc.subject	CHANGE IN INFLATION
dc.subject	CPI
dc.subject	DEVELOPED COUNTRIES
dc.subject	DEVELOPMENT ECONOMICS
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMISTS
dc.subject	EFFECT OF INFLATION
dc.subject	EFFECTS OF INFLATION
dc.subject	GDP
dc.subject	GDP PER CAPITA
dc.subject	GINI COEFFICIENT
dc.subject	GROWTH RATE
dc.subject	HIGH INFLATION
dc.subject	HUMAN CAPITAL
dc.subject	HYPERINFLATION
dc.subject	INCOME
dc.subject	INCOME DISTRIBUTION
dc.subject	INCREASE IN INFLATION
dc.subject	INDEXATION
dc.subject	INDUSTRIAL ECONOMIES
dc.subject	INFLATION
dc.subject	INFLATION ACROSS COUNTRIES
dc.subject	INFLATION AFFECT
dc.subject	INFLATION AVERSION
dc.subject	INFLATION BY INDEXATION
dc.subject	INFLATION CONCERNS
dc.subject	INFLATION IN CROSS-COUNTRY DATA
dc.subject	INFLATION PREFERENCES
dc.subject	INFLATION RATE
dc.subject	INFLATION RATES
dc.subject	INFLATION RESPONSE
dc.subject	INFLATION STABILIZATION
dc.subject	INFLATION TAX
dc.subject	INFLATION TAX RATE
dc.subject	INFLATION TAX RATE DOES
dc.subject	INFLATION TAX RATE TRANSFORMATION
dc.subject	LOW INFLATION
dc.subject	LOWER INFLATION
dc.subject	MACROECONOMIC POLICIES
dc.subject	MACROECONOMICS
dc.subject	MODEST INFLATION RATE
dc.subject	MODEST RECENT INFLATION
dc.subject	NATIONAL AVERAGES OF INFLATION AVERSION
dc.subject	NEGATIVE ASSOCIATION BETWEEN INFLATION
dc.subject	PER CAPITA
dc.subject	PERCENT INFLATION
dc.subject	PERCENT INFLATION RATE
dc.subject	POVERTY LINE
dc.subject	PRICE LEVEL
dc.subject	QUADRUPLE-DIGIT INFLATION
dc.subject	REAL GDP
dc.subject	REAL WAGES
dc.subject	RECESSIONS
dc.subject	REGRESSION ANALYSIS
dc.subject	RELATIVE EFFECTS OF INFLATION
dc.subject	RISING INFLATION
dc.subject	STANDARD OF LIVING
dc.subject	TAXATION
dc.subject	UNEMPLOYMENT
dc.subject	VALUE OF MONEY
dc.subject	WAGES
dc.title	Inflation and the Poor	en
dspace.entity.type	Publication
okr.date.disclosure	2000-05-31
okr.doctype	Publications & Research :: Policy Research Working Paper
okr.doctype	Publications & Research
okr.docurl	http://documents.worldbank.org/curated/en/2000/05/437689/inflation-poor
okr.globalpractice	Macroeconomics and Fiscal Management
okr.globalpractice	Health, Nutrition, and Population
okr.identifier.doi	10.1596/1813-9450-2335
okr.identifier.externaldocumentum	000094946_00051805413928
okr.identifier.internaldocumentum	437689
okr.identifier.report	WPS2335
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2000/06/05/000094946_00051805413928/Rendered/PDF/multi_page.pdf	en
okr.theme	Economic management :: Macroeconomic management
okr.topic	Economic Theory and Research
okr.topic	Macroeconomics and Economic Growth :: Economic Conditions and Volatility
okr.topic	Environmental Economics and Policies
okr.topic	Health, Nutrition and Population :: Health Indicators
okr.topic	Macroeconomics and Economic Growth :: Inflation
okr.topic	Payment Systems and Infrastructure
okr.unit	Macroeconomics and Growth, Development Research Group
okr.volume	1
relation.isSeriesOfPublication	26e071dc-b0bf-409c-b982-df2970295c87