05015oam 22009854 450 991077950100332120230802005517.01-4755-7529-71-4755-3330-6(CKB)2550000000107537(EBL)1606778(SSID)ssj0000940768(PQKBManifestationID)11494011(PQKBTitleCode)TC0000940768(PQKBWorkID)10955893(PQKB)10694283(MiAaPQ)EBC1606778(Au-PeEL)EBL1606778(CaPaEBR)ebr10579623(OCoLC)870245005(IMF)WPIEE2012147(EXLCZ)99255000000010753720020129d2012 uf 0engur|n|---|||||txtccrInflation and Income Inequality : Is Food Inflation Different? /James Walsh, Jiangyan YuWashington, D.C. :International Monetary Fund,2012.1 online resource (23 p.)IMF Working PapersDescription based upon print version of record.1-4755-3790-5 1-4755-0416-0 Includes bibliographical references.Cover; Contents; I. Introduction and Background; II. Stylized Facts; A. Inflation and Macroeconomic Data; B. Inequality Data; Figures; Figure 1: Cross Country: GDP Per Capita and Change of Gini, 2000-2010; Figure 2: Cross Country: Food Inflation and Change of Gini, 2000-2010; Figure 3: Cross Country: Non-food Inflation and Change of Gini, 2000-2010; C. China; Figure 4. China: Provincial GDP Per Capita and Change of Inequality, 2000-2005; Figure 5. China: Food Inflation and Change of Theil Index, 2000-2005; D. India; E. Other DataFigure 6. China: Non-food Inflation and Change of Theil Index, 2000-2005Figure 7. India: Inequality and GDP per capita by State; Figure 8. Per capita GDP growth and change in GINI; III. Methodology; IV. Results; A. International Sample; B. China; C. India; V. Conclusion; Tables; 1. International Sample: Headline Inflation; 2. International Sample: Food and Nonfood CPI; 3. China: Headline Inflation; 4. China: Food and Nonfood CPI; 5. India: Headline CPI, Rural Areas; 6. India: Headline CPI, Urban Areas; 7. India: Food and Nonfood CPI, Rural Areas; 8. India: Food and Nonfood CPI, Urban AreasReferencesThere is an extensive literature noting that high inflation can add to income inequality, and a parallel literature assessing the effect of rising food prices on the poor. This paper attempts to combine these strands by dividing inflation into food and nonfood inflation and assessing whether food inflation affects income inequality differently from nonfood inflation. In an international sample and a sample of Chinese provinces, nonfood inflation exacerbates income inequality while the role of food inflation is more mixed. In a sample of Indian states broken down into urban and rural areas, we find that nonfood inflation adds to income inequality in both areas, while food inflation has a neutral to positive effect on income inequality in rural areas, providing support for the theory that rural wages may respond elastically to food prices.IMF Working Papers; Working Paper ;No. 2012/147Food pricesIncome distributionInflation (Finance)InflationimfMacroeconomicsimfPrice LevelimfDeflationimfPersonal Income, Wealth, and Their DistributionsimfUrban, Rural, and Regional Economics: GeneralimfAggregate Factor Income DistributionimfAgriculture: Aggregate Supply and Demand AnalysisimfPricesimfIncome inequalityimfIncome distributionimfFood pricesimfPersonal incomeimfNational accountsimfIncomeimfIndiaimfFood prices.Income distribution.Inflation (Finance)InflationMacroeconomicsPrice LevelDeflationPersonal Income, Wealth, and Their DistributionsUrban, Rural, and Regional Economics: GeneralAggregate Factor Income DistributionAgriculture: Aggregate Supply and Demand AnalysisPricesIncome inequalityIncome distributionFood pricesPersonal incomeNational accountsIncomeWalsh James1481165Yu Jiangyan1481166DcWaIMFBOOK9910779501003321Inflation and Income Inequality3698044UNINA