than the prices of nontradables/higher-priced varieties. These relative price changes may lead to inflation inequality when …, we show that inflation of poor households in Brazil was at least 11 percentage points higher than of the rich in the … aftermath of the 2002 large devaluation. A detailed case study of the City of São Paulo estimates an inflation inequality …

Foreign price shocks have significant effects on functional income distribution and on inflation inequality. By ….g. food prices for low-wage workers). Based on the conflicting-claims inflation literature, we propose a new extension to this … with an inflation-targeting regime. We investigate the impacts of foreign price shocks on income and inflation inequality …

Inflation affects the purchasing power of households. This paper documents large, idiosyncratic inflation differences … between households in their everyday shopping. Low-income households have experienced higher inflation in the last ten years … inflation differences within countries. Between countries, multinational retail chains not only differentiate products by …

This paper develops a monetary growth model in which inflation affects credit market efficiency, and via this link … severity of the contracting friction thereby promoting credit market efficiency and capital formation. Inflation acts as an … inflation tax to capitalists or workers, inflation increases the steady-state capital stock. The regime where workers get the …

A popular argument in favour of price stability is that the inflation-tax burden would disproportionately fall on the … interest bearing assets (LAMP). We show that a combination of higher inflation and lower income taxes reduces inequality. When … we calibrate the share of constrained agents to fit the wealth Gini index for the US, the optimal inflation rate is above …