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Turkey - Inflation and the Distribution of Income

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Author Info
He, Dong

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Abstract

During the inflationary process, prices, wages, and interest rates are all rising. In this panorama of movement in relative and absolute prices, are there systematic changes that have a predictable effect on the distribution of income? Chronically high inflation has often been blamed for making income distribution less equal in Turkey. This paper attempts to present some evidence. It seeks to determine the impact of inflationary processes on the economic well being of different income classes through both expenditure effects and income effects.

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File URL: http://mpra.ub.uni-muenchen.de/9759/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 9759.

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Date of creation: 1999
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Handle: RePEc:pra:mprapa:9759

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Find related papers by JEL classification:
D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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  1. Budd, Edward C & Seiders, David F, 1971. "The Impact of Inflation on the Distribution of Income and Wealth," American Economic Review, American Economic Association, vol. 61(2), pages 128-38, May. [Downloadable!] (restricted)
  2. Brimmer, Andrew F, 1971. "Inflation and Income Distribution in the United States," The Review of Economics and Statistics, MIT Press, vol. 53(1), pages 37-48, February. [Downloadable!] (restricted)
  3. Aleš Bulir & Anne Marie Gulde, 1995. "Inflation and Income Distribution - Further Evidence on Empirical Links," IMF Working Papers 95/86, International Monetary Fund.
  4. C. Emre Alper & Murat Ucer, 1998. "Some Observations on Turkish Inflation: A ''Random Walk'' Down the Past Decade," Working Papers 1998/02, Bogazici University, Department of Economics. [Downloadable!]
  5. Theil, Henri, 1979. "Variations across households in the rate of inflation," Economics Letters, Elsevier, vol. 4(1), pages 37-39. [Downloadable!] (restricted)
  6. Nordhaus, William D, 1973. "The Effects of Inflation on the Distribution of Economic Welfare," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 5(1), pages 465-504, Part II F. [Downloadable!] (restricted)
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  7. Michael, Robert T, 1979. "Variation across Households in the Rate of Inflation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 11(1), pages 32-46, February. [Downloadable!] (restricted)
  8. Muellbauer, John, 1974. "Prices and Inequality: The United Kingdom Experience," Economic Journal, Royal Economic Society, vol. 84(333), pages 32-55, March. [Downloadable!] (restricted)
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