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010   $a9786613828217
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035   $a(PQKBTitleCode)TC0000941490
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100   $a20020129d2006      uf             0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aInflation, Inequality, and Social Conflict /$fChristopher Crowe
210  1$aWashington, D.C. :$cInternational Monetary Fund,$d2006.
215   $a1 online resource (39 p.)
225 1 $aIMF Working Papers
300   $a"June 2006."
311   $a1-4518-6418-3 
320   $aIncludes bibliographical references.
327   $a""Contents""; ""I. Introduction""; ""II. Household Optimization""; ""III. Political Optimization""; ""IV. Empirical Analysis""; ""V. Concluding Remarks""
330 3 $aThis paper presents and then tests a political economy model to analyze the observed positive relationship between income inequality and inflation. The model's key features are unequal access to both inflation-hedging opportunities and the political process. The model predicts that inequality and 'elite bias' in the political system interact to create incentives for inflation. The paper's empirical section focuses on this predicted interaction effect. The identification strategy involves using the end of the Cold War as a source of exogenous variation in the political environment. It finds robust evidence in support of the model.
410  0$aIMF Working Papers; Working Paper ;$vNo. 2006/158
606   $aIncome distribution$xEconometric models
606   $aInflation (Finance)$xSocial aspects
606   $aInflation$2imf
606   $aMacroeconomics$2imf
606   $aPolitical Economy$2imf
606   $aAggregate Factor Income Distribution$2imf
606   $aPrice Level$2imf
606   $aDeflation$2imf
606   $aPersonal Income, Wealth, and Their Distributions$2imf
606   $aPolitical economy$2imf
606   $aIncome inequality$2imf
606   $aIncome distribution$2imf
606   $aPersonal income$2imf
606   $aPrices$2imf
606   $aIncome$2imf
606   $aEconomics$2imf
607   $aUnited States$2imf
615  0$aIncome distribution$xEconometric models.
615  0$aInflation (Finance)$xSocial aspects.
615  7$aInflation
615  7$aMacroeconomics
615  7$aPolitical Economy
615  7$aAggregate Factor Income Distribution
615  7$aPrice Level
615  7$aDeflation
615  7$aPersonal Income, Wealth, and Their Distributions
615  7$aPolitical economy
615  7$aIncome inequality
615  7$aIncome distribution
615  7$aPersonal income
615  7$aPrices
615  7$aIncome
615  7$aEconomics
700   $aCrowe$b Christopher$0868737
801  0$bDcWaIMF
906   $aBOOK
912   $a9910788406703321
996   $aInflation, Inequality, and Social Conflict$93850038
997   $aUNINA