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Journal of money, credit and banking, 2001-05, Vol.33 (2), p.160-178
Ort / Verlag
Columbus: Ohio State University Press
Erscheinungsjahr
2001
Link zum Volltext
Quelle
Alma/SFX Local Collection
Beschreibungen/Notizen
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.