Vem betalar för prishöjningarna? - Inflation, ojämlikhet och makt
(2023) NEKH04 20231Department of Economics
- Abstract
- This paper examines the relationship between inflation, inequality, and political power. The author argues that the redistributive effect of the inflation tax is a product of four channels: real wages, the balance sheet, debt and fiscal policy. The role of elite bias in politics, and its effect on inflation combating measures is also investigated. One interesting finding is that inflation had a regressive distributional effect between 1990-2019, which corresponds to previous findings on the inflation tax during 1965-1990. The paper does not find evidence of elite bias influencing measures combating or compensating for inflation. Overall, this paper underscores the importance of considering the four channels of the inflation tax when... (More)
- This paper examines the relationship between inflation, inequality, and political power. The author argues that the redistributive effect of the inflation tax is a product of four channels: real wages, the balance sheet, debt and fiscal policy. The role of elite bias in politics, and its effect on inflation combating measures is also investigated. One interesting finding is that inflation had a regressive distributional effect between 1990-2019, which corresponds to previous findings on the inflation tax during 1965-1990. The paper does not find evidence of elite bias influencing measures combating or compensating for inflation. Overall, this paper underscores the importance of considering the four channels of the inflation tax when responding to inflation in order to minimize economic inequality. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9131143
- author
- Wallin, Julius LU
- supervisor
- organization
- course
- NEKH04 20231
- year
- 2023
- type
- M2 - Bachelor Degree
- subject
- keywords
- Macroeconomics, inequality, inflation, redistribution, political economy
- language
- Swedish
- id
- 9131143
- date added to LUP
- 2024-01-22 15:50:39
- date last changed
- 2024-01-22 15:50:39
@misc{9131143, abstract = {{This paper examines the relationship between inflation, inequality, and political power. The author argues that the redistributive effect of the inflation tax is a product of four channels: real wages, the balance sheet, debt and fiscal policy. The role of elite bias in politics, and its effect on inflation combating measures is also investigated. One interesting finding is that inflation had a regressive distributional effect between 1990-2019, which corresponds to previous findings on the inflation tax during 1965-1990. The paper does not find evidence of elite bias influencing measures combating or compensating for inflation. Overall, this paper underscores the importance of considering the four channels of the inflation tax when responding to inflation in order to minimize economic inequality.}}, author = {{Wallin, Julius}}, language = {{swe}}, note = {{Student Paper}}, title = {{Vem betalar för prishöjningarna? - Inflation, ojämlikhet och makt}}, year = {{2023}}, }