Li, Hongyi; Zou, Heng-fu - In: Annals of Economics and Finance 3 (2002) 1, pp. 85-101
This short paper uses a newly compiled cross-country panel data on income distribution to explore the impact of inflation on income distribution and economic growth. We have found that inflation (1) worsens income distribution; (2) increases the income share of the rich; (3) has a negative but...