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Inflation and poverty

Author: Eliana Cardoso; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, 1992.
Series: Working paper series (National Bureau of Economic Research), no. w4006.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This paper discusses the regressive nature of the inflation tax and she limited extent of its impact on those individuals below the poverty line. It also argues that inflation affects poverty mainly through its impact on real wages: the empirical evidence shows that wages increase more slowly than prices during episodes of rising inflation in Latin America. Finally the paper discusses whether some stabilization  Read more...
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Additional Physical Format: Print version:
Cardoso, Eliana A.
Inflation and poverty.
Cambridge, MA : National Bureau of Economic Research, [1992]
(OCoLC)25746937
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Eliana Cardoso; National Bureau of Economic Research.
OCLC Number: 72457075
Notes: "March 1992."
Description: 1 online resource.
Series Title: Working paper series (National Bureau of Economic Research), no. w4006.
Responsibility: Eliana Cardoso.

Abstract:

This paper discusses the regressive nature of the inflation tax and she limited extent of its impact on those individuals below the poverty line. It also argues that inflation affects poverty mainly through its impact on real wages: the empirical evidence shows that wages increase more slowly than prices during episodes of rising inflation in Latin America. Finally the paper discusses whether some stabilization programs are less costly in terms of increased poverty than others. Both orthodox programs and attempts to reduce inflation by the implementation of incomes policy have not helped the poor in Latin America.

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