LEADER 03726oam 22009974 450 001 9910956122603321 005 20250426110632.0 010 $a9786613828217 010 $a9781462387137 010 $a1462387136 010 $a9781452776378 010 $a1452776377 010 $a9781283515764 010 $a1283515768 010 $a9781451983937 010 $a145198393X 035 $a(CKB)3360000000443749 035 $a(EBL)3014414 035 $a(SSID)ssj0000941490 035 $a(PQKBManifestationID)11613896 035 $a(PQKBTitleCode)TC0000941490 035 $a(PQKBWorkID)10963776 035 $a(PQKB)10697989 035 $a(OCoLC)698585709 035 $a(MiAaPQ)EBC3014414 035 $a(IMF)WPIEE2006158 035 $a(IMF)WPIEA2006158 035 $aWPIEA2006158 035 $a(EXLCZ)993360000000443749 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 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (39 p.) 225 1 $aIMF Working Papers 300 $a"June 2006." 311 08$a9781451864182 311 08$a1451864183 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 $aAggregate Factor Income Distribution$2imf 606 $aDeflation$2imf 606 $aEconomics$2imf 606 $aIncome distribution$2imf 606 $aIncome inequality$2imf 606 $aIncome$2imf 606 $aInflation$2imf 606 $aMacroeconomics$2imf 606 $aPersonal income$2imf 606 $aPersonal Income, Wealth, and Their Distributions$2imf 606 $aPolitical Economy$2imf 606 $aPolitical economy$2imf 606 $aPrice Level$2imf 606 $aPrices$2imf 607 $aUnited States$2imf 615 0$aIncome distribution$xEconometric models. 615 0$aInflation (Finance)$xSocial aspects. 615 7$aAggregate Factor Income Distribution 615 7$aDeflation 615 7$aEconomics 615 7$aIncome distribution 615 7$aIncome inequality 615 7$aIncome 615 7$aInflation 615 7$aMacroeconomics 615 7$aPersonal income 615 7$aPersonal Income, Wealth, and Their Distributions 615 7$aPolitical Economy 615 7$aPolitical economy 615 7$aPrice Level 615 7$aPrices 700 $aCrowe$b Christopher$0868737 801 0$bDcWaIMF 906 $aBOOK 912 $a9910956122603321 996 $aInflation, Inequality, and Social Conflict$94371806 997 $aUNINA