Description |
1 online resource (iii, 26 pages) |
Series |
IMF working paper, 2227-8885 ; 95/86 |
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IMF working paper ; 95/86.
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Summary |
Annotation This paper examines the effects of inflation and associated financial instability on income distribution. Using both pooled cross country and single country time series models, the level of inflation, inflation variability, and the variability of the nominal exchange rate are shown to impact negatively on overall income equality. Looking at disaggregate measures of income distribution, the issue as to whether inflation is a progressive or regressive tax is found to be negatively correlated with the level of development and the sophistication of the financial structure. the paper argues that these results point towards financial variables as a partial way of rectifying the generally poor explanatory power of both cross-country and time series models of income distribution |
Bibliography |
Includes bibliographical references (pages 23-26) |
Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
Subject |
Income distribution -- Effect of inflation on.
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Inflation (Finance)
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Inflation, Economic
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Income distribution -- Effect of inflation on.
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Inflation (Finance)
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INFLATION.
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INCOME DISTRIBUTION.
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Form |
Electronic book
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Author |
Gulde, Anne-Marie, author.
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International Monetary Fund. Monetary and Exchange Affairs Department, author.
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ISBN |
1455215082 |
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9781455215089 |
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1462394361 |
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9781462394364 |
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1455281794 |
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9781455281794 |
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9786613780997 |
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6613780995 |
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9781451850826 |
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1451850824 |
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