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010   $a1-283-51576-8
010   $a1-4519-8393-X
010   $a9786613828217
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035   $a(EBL)3014414
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035   $a(PQKBTitleCode)TC0000941490
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035   $a(IMF)WPIEE2006158
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100   $a20061002d2006      uf         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aInflation, inequality, and social conflict /$fprepared by Christopher Crowe
205   $a1st ed.
210   $a[Washington, D.C.] $cInternational Monetary Fund, IMF Institute$d2006
215   $a1 online resource (39 p.)
225 1 $aIMF working paper ;$vWP/06/158
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 paper ;$vWP/06/158.
606   $aIncome distribution$xEconometric models
606   $aInflation (Finance)$xSocial aspects
615  0$aIncome distribution$xEconometric models.
615  0$aInflation (Finance)$xSocial aspects.
700   $aCrowe$b Christopher$g(Christopher W.)$0868737
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910810752303321
996   $aInflation, Inequality, and Social Conflict$93958409
997   $aUNINA