Inflation and income inequality: a shopping-time approach

Bibliographic Details
Main Author: Cysne, Rubens Penha
Publication Date: 2005
Other Authors: Maldonado, Wilfredo L, Monteiro, Paulo Klinger
Format: Article
Language: eng
Source: Repositório Institucional da UCB
Download full: http://twingo.ucb.br:8080/jspui/handle/10869/309
https://repositorio.ucb.br:9443/jspui/handle/123456789/7347
Summary: Our work is based on a heterogenous agent shopping-time economy in which economic agents present distinct productivities in the production of the consumption good, and differentiated access to transacting assets. The purpose of the analysis is to investigate whether this setting can lead to a positive correlation between inflation and income inequality. Our main result is to show that, provided the productivity of the interest-bearing asset in the transacting technology is high enough, it is true that a positive link between inflation and income inequality is generated. An example is offered to illustrate the mechanism.
id UCB-2_ab8704d91b5894fea58e0a4ae4220496
oai_identifier_str oai:200.214.135.189:123456789/7347
network_acronym_str UCB-2
network_name_str Repositório Institucional da UCB
spelling Cysne, Rubens PenhaMaldonado, Wilfredo LMonteiro, Paulo Klinger2016-10-10T03:51:11Z2016-10-10T03:51:11Z2005-12CYSNE, Rubens P.; MALDONADO, Wilfredo L.; MONTEIRO, Paulo Klinger. Inflation and income inequality: a shopping-time approach. Journal of Development Economics, v. 78, n.2, p. 516– 528, dez 2005.http://twingo.ucb.br:8080/jspui/handle/10869/309https://repositorio.ucb.br:9443/jspui/handle/123456789/7347Our work is based on a heterogenous agent shopping-time economy in which economic agents present distinct productivities in the production of the consumption good, and differentiated access to transacting assets. The purpose of the analysis is to investigate whether this setting can lead to a positive correlation between inflation and income inequality. Our main result is to show that, provided the productivity of the interest-bearing asset in the transacting technology is high enough, it is true that a positive link between inflation and income inequality is generated. An example is offered to illustrate the mechanism.Made available in DSpace on 2016-10-10T03:51:11Z (GMT). No. of bitstreams: 5 Inflation and Income Inequality_A Shopping-Time Approach.pdf: 144618 bytes, checksum: 1166235cb9f5a11d855738e3cfc89959 (MD5) license_url: 52 bytes, checksum: 3d480ae6c91e310daba2020f8787d6f9 (MD5) license_text: 21716 bytes, checksum: 282d2b1a583fb55b557e8a3be8d5dd05 (MD5) license_rdf: 23930 bytes, checksum: 6b71892b27c4389434057b8b0e86b43e (MD5) license.txt: 1872 bytes, checksum: 9ede5d1aaff3f6277cd24454ee44422e (MD5) Previous issue date: 2005-12SimPublicadoTextoInflationGini coefficientIncome inequalityShopping timeIncome distributionInflation and income inequality: a shopping-time approachinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleJournal of Development Economicsinfo:eu-repo/semantics/openAccessengreponame:Repositório Institucional da UCBinstname:Universidade Católica de Brasília (UCB)instacron:UCBORIGINALInflation and Income Inequality_A Shopping-Time Approach.pdfapplication/pdf144618https://200.214.135.178:9443/jspui/bitstream/123456789/7347/1/Inflation%20and%20Income%20Inequality_A%20Shopping-Time%20Approach.pdf1166235cb9f5a11d855738e3cfc89959MD51CC-LICENSElicense_urlapplication/octet-stream52https://200.214.135.178:9443/jspui/bitstream/123456789/7347/2/license_url3d480ae6c91e310daba2020f8787d6f9MD52license_textapplication/octet-stream21716https://200.214.135.178:9443/jspui/bitstream/123456789/7347/3/license_text282d2b1a583fb55b557e8a3be8d5dd05MD53license_rdfapplication/octet-stream23930https://200.214.135.178:9443/jspui/bitstream/123456789/7347/4/license_rdf6b71892b27c4389434057b8b0e86b43eMD54LICENSElicense.txttext/plain1872https://200.214.135.178:9443/jspui/bitstream/123456789/7347/5/license.txt9ede5d1aaff3f6277cd24454ee44422eMD55TEXTInflation and Income Inequality_A Shopping-Time Approach.pdf.txtInflation and Income Inequality_A Shopping-Time Approach.pdf.txtExtracted texttext/plain26655https://200.214.135.178:9443/jspui/bitstream/123456789/7347/6/Inflation%20and%20Income%20Inequality_A%20Shopping-Time%20Approach.pdf.txtce6559b6764f140bceb026aa9f76502cMD56123456789/73472017-01-17 15:09:17.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ório de Publicaçõeshttps://repositorio.ucb.br:9443/jspui/
dc.title.pt_BR.fl_str_mv Inflation and income inequality: a shopping-time approach
title Inflation and income inequality: a shopping-time approach
spellingShingle Inflation and income inequality: a shopping-time approach
Cysne, Rubens Penha
Inflation
Gini coefficient
Income inequality
Shopping time
Income distribution
title_short Inflation and income inequality: a shopping-time approach
title_full Inflation and income inequality: a shopping-time approach
title_fullStr Inflation and income inequality: a shopping-time approach
title_full_unstemmed Inflation and income inequality: a shopping-time approach
title_sort Inflation and income inequality: a shopping-time approach
author Cysne, Rubens Penha
author_facet Cysne, Rubens Penha
Maldonado, Wilfredo L
Monteiro, Paulo Klinger
author_role author
author2 Maldonado, Wilfredo L
Monteiro, Paulo Klinger
author2_role author
author
dc.contributor.author.fl_str_mv Cysne, Rubens Penha
Maldonado, Wilfredo L
Monteiro, Paulo Klinger
dc.subject.por.fl_str_mv Inflation
Gini coefficient
Income inequality
Shopping time
Income distribution
topic Inflation
Gini coefficient
Income inequality
Shopping time
Income distribution
dc.description.abstract.por.fl_txt_mv Our work is based on a heterogenous agent shopping-time economy in which economic agents present distinct productivities in the production of the consumption good, and differentiated access to transacting assets. The purpose of the analysis is to investigate whether this setting can lead to a positive correlation between inflation and income inequality. Our main result is to show that, provided the productivity of the interest-bearing asset in the transacting technology is high enough, it is true that a positive link between inflation and income inequality is generated. An example is offered to illustrate the mechanism.
dc.description.version.pt_BR.fl_txt_mv Sim
dc.description.status.pt_BR.fl_txt_mv Publicado
description Our work is based on a heterogenous agent shopping-time economy in which economic agents present distinct productivities in the production of the consumption good, and differentiated access to transacting assets. The purpose of the analysis is to investigate whether this setting can lead to a positive correlation between inflation and income inequality. Our main result is to show that, provided the productivity of the interest-bearing asset in the transacting technology is high enough, it is true that a positive link between inflation and income inequality is generated. An example is offered to illustrate the mechanism.
publishDate 2005
dc.date.issued.fl_str_mv 2005-12
dc.date.accessioned.fl_str_mv 2016-10-10T03:51:11Z
dc.date.available.fl_str_mv 2016-10-10T03:51:11Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
status_str publishedVersion
format article
dc.identifier.citation.fl_str_mv CYSNE, Rubens P.; MALDONADO, Wilfredo L.; MONTEIRO, Paulo Klinger. Inflation and income inequality: a shopping-time approach. Journal of Development Economics, v. 78, n.2, p. 516– 528, dez 2005.
dc.identifier.uri.fl_str_mv http://twingo.ucb.br:8080/jspui/handle/10869/309
https://repositorio.ucb.br:9443/jspui/handle/123456789/7347
identifier_str_mv CYSNE, Rubens P.; MALDONADO, Wilfredo L.; MONTEIRO, Paulo Klinger. Inflation and income inequality: a shopping-time approach. Journal of Development Economics, v. 78, n.2, p. 516– 528, dez 2005.
url http://twingo.ucb.br:8080/jspui/handle/10869/309
https://repositorio.ucb.br:9443/jspui/handle/123456789/7347
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv Texto
dc.source.none.fl_str_mv reponame:Repositório Institucional da UCB
instname:Universidade Católica de Brasília (UCB)
instacron:UCB
instname_str Universidade Católica de Brasília (UCB)
instacron_str UCB
institution UCB
reponame_str Repositório Institucional da UCB
collection Repositório Institucional da UCB
bitstream.url.fl_str_mv https://200.214.135.178:9443/jspui/bitstream/123456789/7347/1/Inflation%20and%20Income%20Inequality_A%20Shopping-Time%20Approach.pdf
https://200.214.135.178:9443/jspui/bitstream/123456789/7347/2/license_url
https://200.214.135.178:9443/jspui/bitstream/123456789/7347/3/license_text
https://200.214.135.178:9443/jspui/bitstream/123456789/7347/4/license_rdf
https://200.214.135.178:9443/jspui/bitstream/123456789/7347/5/license.txt
https://200.214.135.178:9443/jspui/bitstream/123456789/7347/6/Inflation%20and%20Income%20Inequality_A%20Shopping-Time%20Approach.pdf.txt
bitstream.checksum.fl_str_mv 1166235cb9f5a11d855738e3cfc89959
3d480ae6c91e310daba2020f8787d6f9
282d2b1a583fb55b557e8a3be8d5dd05
6b71892b27c4389434057b8b0e86b43e
9ede5d1aaff3f6277cd24454ee44422e
ce6559b6764f140bceb026aa9f76502c
bitstream.checksumAlgorithm.fl_str_mv MD5
MD5
MD5
MD5
MD5
MD5
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1724829826830827520

Similar Items