|Statement||Roel M. W. J. Beetsma and Frederick van der Ploeg.|
|Series||Discussion paper series / Centre for Economic Policy Research -- no.741|
|Contributions||Ploeg, Frederick van der, 1956-|
|The Physical Object|
|Number of Pages||12|
Downloadable! A democratic society in which the distribution of wealth is unequal elects political parties that are likely to represent the interests of poor people. It is in the interests of the clientele of the resulting governments to attempt to levy inflation taxes in order to erode the real value of debt service and redistribute from the rich to the poor. Downloadable (with restrictions)! A democratic society in which the distribution of wealth is unequal elects political parties which tend to represent the interests of the poor. The clientele of such governments favour unanticipated inflation taxes to erode the real value of debt service and redistribute income from the rich to the poor. Nov 26, · Does inflation increase or reduce inequality? Inflation can distribute income within society. Those with large debts may become better off as inflation can erode the real value of debt. It is possible, low-income earners with substantial debts could see a fall in their real debt burden and become better off. "Does Inequality Cause Inflation? The Political Economy of Inflation, Taxation and Government Debt," Papers , Tilburg - Center for Economic Research. Beetsma, R.M.W.J. & van der Ploeg, F., "Does inequality cause inflation?: The political economy of inflation, taxation and government debt," Discussion Paper , Tilburg University.
Downloadable! The main aim of this study is to analyze the relationship between income inequality and inflation in 46 Developing countries for the period to using dynamic panel data methodology. The GINI coefficient has been used to measure the income inequality while the inflation rate, the growth rate, the unemployment level, the openness of the economies and the variables of. Piketty offers much data claiming that inequality is rising and draws the conclusion that the state should fix that ‘problem’ with additional taxes on the rich. It is true that the distance between the ‘super rich’ and the rest Continue reading "How monetary inflation increases inequality". "Does Inequality Cause Inflation? The Political Economy of Inflation, Taxation and Government Debt," Papers , Tilburg - Center for Economic Research. Edwards, Sebastian, May 09, · The idea that the Great Recession of may have been caused not just by careless banking but also social inequality is currently all the rage among macroeconomists.. Much of Author: Till Van Treeck.
Does Income Inequality Help Cause Financial Crises — everyone is commenting from the inside — the inside of the US. What about the US’s 5% of the population consuming 25% of the world’s resources does this cause financial crisis? Probably! Even the lowest economic level in this country lives far better than a large percentage of the world. Jan 22, · Some opine neoliberalism itself does not directly generate inequality. Rather, it promotes a free system, which aims to foster economic prosperity. It is the operation of neoliberalism, not the theory itself, which contributes to inequality . Yet, numerous scholars argue that economic neoliberalism is itself a cause of inequality. Does inequality cause crises? by Michael Roberts “Inequality is the defining challenge of our time” President Barack Obama. It has become a popular view among many economists that rising inequality of wealth and income in the major economies over the last 40 years or so is a major cause of crises (slumps) under capitalism. Feb 19, · Income inequality has no one cause. As such, any policy solutions that address inequality must match this nuance and acknowledge the various factors that contribute to inequality. This article is published in collaboration with the Washington Center for Equitable Growth. Publication does not imply endorsement of views by the World Economic Forum.