Inflation and income inequality: a shopping-time approach
Autor(a) principal: | |
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Data de Publicação: | 2005 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Institucional da UCB |
Texto Completo: | http://twingo.ucb.br:8080/jspui/handle/10869/309 https://repositorio.ucb.br:9443/jspui/handle/123456789/7347 |
Resumo: | 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. |
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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 |
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eng |
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