Inflation and its dynamics feature among the most important indicators in the focus of such economic agents as producers, consumers, investors, monetary and fiscal policy makers. Risks of high inflation or deflation enhance the need to profoundly investigate factors and causes of unfavourable...

Latvia has one of the highest levels of income inequality and poverty in the EU. In this article, we argue that distributional considerations, especially assistance for those really in need, have had a low priority in designing tax and benefit policy in Latvia. We estimate the distributional...