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Inflation, unemployment, and poverty revisited

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  • Elizabeth T. Powers

Abstract

An examination of the impact of inflation and unemployment on poverty, using a poverty rate based on goods and services consumed, rather than on income. The findings suggest that inflation may harm the poor more than was previously thought.

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File URL: http://www.clevelandfed.org/Research/Review/1995/95-q3-powers.pdf
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Bibliographic Info

Article provided by Federal Reserve Bank of Cleveland in its journal Economic Review.

Volume (Year): (1995)
Issue (Month): Q III ()
Pages: 2-13

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Handle: RePEc:fip:fedcer:y:1995:i:qiii:p:2-13

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Keywords: Inflation (Finance) ; Poverty ; Unemployment;

References

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  1. David M. Cutler & Lawrence F. Katz, 1991. "Macroeconomic Performance and the Disadvantaged," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 22(2), pages 1-74.
  2. Jorgenson, Dale W & Slesnick, Daniel T, 1987. "Aggregate Consumer Behavior and Household Equivalence Scales," Journal of Business & Economic Statistics, American Statistical Association, American Statistical Association, vol. 5(2), pages 219-32, April.
  3. Rebecca M. Blank, 1991. "Why Were Poverty Rates So High in the 1980s?," Economics Working Paper Archive wp_57, Levy Economics Institute.
  4. Elizabeth T. Powers, 1995. "Growth and poverty revisited," Economic Commentary, Federal Reserve Bank of Cleveland, Federal Reserve Bank of Cleveland, issue Apr.
  5. Minarik, Joseph J, 1979. "The Size Distribution of Income during Inflation," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 25(4), pages 377-92, December.
  6. Blinder, Alan S & Esaki, Howard Y, 1978. "Macroeconomic Activity and Income Distribution in the Postwar United States," The Review of Economics and Statistics, MIT Press, vol. 60(4), pages 604-09, November.
  7. Slesnick, Daniel T, 1993. "Gaining Ground: Poverty in the Postwar United States," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 101(1), pages 1-38, February.
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Citations

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Cited by:
  1. Javier Cossío Medinacelli & Marco Antonio Laguna Vargas & Dennise Martin Alarcón & Pablo Mendieta Ossio & Raúl Mendoza Patiño & Martín Palmero Pantoja & Hugo Rodríguez Gonzales, 2008. "La inflación y políticas del Banco Central de Bolivia," Revista de Análisis del BCB, Banco Central de Bolivia, Banco Central de Bolivia, vol. 10(1), pages 73-109, December.
  2. Easterly, William & Fischer, Stanley, 2000. "Inflation and the poor," Policy Research Working Paper Series 2335, The World Bank.
  3. Steven F. Koch & Adel Bosch, 2009. "Inflation and the Household: Towards a Measurement of the Welfare Costs of Inflation," Working Papers 200917, University of Pretoria, Department of Economics.
  4. John Anyanwu, 2013. "Working Paper 181 - Determining the Correlates of Poverty for Inclusive Growth in Africa," Working Paper Series, African Development Bank 979, African Development Bank.
  5. Luis Ayala & Olga Cantó & Juan G. Rodríguez, 2011. "Poverty and the business cycle: The role of the intra-household distribution of unemployment," Working Papers 222, ECINEQ, Society for the Study of Economic Inequality.
  6. Bonilla, Eugenio Diaz, 2008. "Global macroeconomic developments and poverty:," IFPRI discussion papers, International Food Policy Research Institute (IFPRI) 766, International Food Policy Research Institute (IFPRI).
  7. Gustavo A. Marrero & Juan G. Rodriguez, 2012. "Macroeconomic determinants of inequality of opportunity and effort in the US: 1970-2009," Working Papers 249, ECINEQ, Society for the Study of Economic Inequality.
  8. Teguh Dartanto, 2011. "A Theoretical and Empirical Investigation of the Application of an Endogenous Poverty Line and Its Relationship with the Poverty Impact of Policy Reforms," Working Papers in Economics and Business, Faculty of Economics, University of Indonesia 201101, Faculty of Economics, University of Indonesia, revised Nov 2011.

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