LEADER 03862nam 2200661Ia 450 001 9910815644103321 005 20200520144314.0 010 $a1-4755-7529-7 010 $a1-4755-3330-6 035 $a(CKB)2550000000107537 035 $a(EBL)1606778 035 $a(SSID)ssj0000940768 035 $a(PQKBManifestationID)11494011 035 $a(PQKBTitleCode)TC0000940768 035 $a(PQKBWorkID)10955893 035 $a(PQKB)10694283 035 $a(Au-PeEL)EBL1606778 035 $a(CaPaEBR)ebr10579623 035 $a(OCoLC)870245005 035 $a(IMF)WPIEE2012147 035 $a(MiAaPQ)EBC1606778 035 $a(EXLCZ)992550000000107537 100 $a20111102d2012 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aInflation and income inequality $eis food inflation different? /$fJames P. Walsh and Jiangyan Yu 205 $a1st ed. 210 $aWashington, D.C. $cInternational Monetary Fund$dc2012 215 $a1 online resource (23 p.) 225 1 $aIMF working paper ;$v12/147 300 $aDescription based upon print version of record. 311 $a1-4755-3790-5 311 $a1-4755-0416-0 320 $aIncludes bibliographical references. 327 $aCover; 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 Data 327 $aFigure 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 Areas 327 $aReferences 330 3 $aThere is an extensive literature noting that high inflation can add to income inequality, and a parallel literature assessing the effect of rising food prices on the poor. This paper attempts to combine these strands by dividing inflation into food and nonfood inflation and assessing whether food inflation affects income inequality differently from nonfood inflation. In an international sample and a sample of Chinese provinces, nonfood inflation exacerbates income inequality while the role of food inflation is more mixed. In a sample of Indian states broken down into urban and rural areas, we find that nonfood inflation adds to income inequality in both areas, while food inflation has a neutral to positive effect on income inequality in rural areas, providing support for the theory that rural wages may respond elastically to food prices. 410 0$aIMF working paper ;$v12/147. 606 $aFood prices 606 $aIncome distribution 606 $aInflation (Finance) 615 0$aFood prices. 615 0$aIncome distribution. 615 0$aInflation (Finance) 676 $a338.29356 700 $aWalsh$b James P$01756306 701 $aYu$b Jiangyan$01723554 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910815644103321 996 $aInflation and income inequality$94193516 997 $aUNINA