EL HERRADI, Mehdi; HAAN, Jakob; LEROY, Aurelien

doi:10.1111/roiw.12580

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EL HERRADI, Mehdi

HAAN, Jakob

LEROY, Aurelien

Bordeaux Sciences Economiques [BSE]

Langue

Article de revue

Ce document a été publié dans

Review of Income and Wealth. 2022-03-01

Résumé en anglais

This paper examines the distributional implications of inflation on top income shares in 14 advanced economies using data over the period 1920–2016. We use local projections to analyze how top income shares respond to an inflation shock, and panel regressions in which all variables are defined as 5-year averages to examine the impact of inflation on the position of the top-one-percent in the long run. Our findings suggest that inflation reduces the share of national income held by the top 1 percent. Furthermore, we find that inflation shocks and long-run inflation have similar effects on top income shares< Réduire

Mots clés en anglais

inflation

inequality

top income shares

income distribution

URI

https://oskar-bordeaux.fr/handle/20.500.12278/136430

DOI

http://dx.doi.org/10.1111/roiw.12580

Project ANR

Aix-Marseille School of Economics - ANR-17-EURE-0020

Unités de recherche

Bordeaux Sciences Economiques / Bordeaux School of Economics (BSE) - UMR 6060