Inflation and Poverty

Cardoso, Eliana

doi:10.3386/w4006

Cited by 88 publications

(75 citation statements)

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“…Inflation effects poverty through its impact on real wages in the economy. Real wages, Latin America, increase slowly than the increase in inflation during the times of high inflation, Cardoso (1992 (1) is 0.2412 (see Table 4) that is negative it implies that ΔLHt would be negative to restore the equilibrium. It means if the LHt is above it equilibrium value, it would start falling in the next period the correct the equilibrium error.…”

Section: Wwwjournalscz/ the Small And Medium Enterprises And Povertmentioning

confidence: 99%

The Small and Medium Enterprises and Poverty in Pakistan: An Empirical Analysis

Ali¹

2013

EJBE

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Small and Medium Enterprises (SMEs) have got very much importance in the economic growth, employment generation and poverty alleviation in the economy. The annual time series data is used for examination of impact of SMEs on poverty in Pakistan for the period of 1972-2008. The study utilizes Johansen cointegration and error correction mechanism to examine long run and short impacts small scale industries and other explanatory variable on poverty in Pakistan. The results of the study confirm a strong and poverty alleviating impact of small scale industries’ output in Pakistan. The study the economic policy makers to focus on the establishment of formal financial markets to overcome the financial constraints faced by the SME sector in Pakistan. Simplification of lending procedures, enforcement of credit rights, and reduction in credit costs would be helpful for the establishment of robust SME sector in Pakistan.

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Section: Wwwjournalscz/ the Small And Medium Enterprises And Povertmentioning

confidence: 99%

The Small and Medium Enterprises and Poverty in Pakistan: An Empirical Analysis

Ali¹

2013

EJBE

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“…Ferreira and Litch…eld (1999) also analyze Brazilian data, and …nd some time-series evidence of in ‡ation leading to higher inequality. Cardoso (1992) explores in ‡ation and inequality in several Latin American countries and supports Kane and Morisett's view that in ‡ation's impact on the poor is primarily through its e¤ect on real wages while the middle class pays the in ‡ation tax. Erosa and Ventura (2002) also argue that the in ‡ation tax is regressive, focusing on the impact of unequal access to in ‡ation-proof assets.…”

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confidence: 62%

Inflation, Inequality, and Social Conflict

Crowe

2006

IMF Working Papers

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This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper presents and then tests a political economy model to analyze the observed positive relationship between income inequality and inflation. The model's key features are unequal access to both inflation-hedging opportunities and the political process. The model predicts that inequality and 'elite bias' in the political system interact to create incentives for inflation. The paper's empirical section focuses on this predicted interaction effect. The identification strategy involves using the end of the Cold War as a source of exogenous variation in the political environment. It finds robust evidence in support of the model. JEL Classification Numbers: D31, E31, P16

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“…On balance they found little evidence that inflation hits the poor harder than the rich. Cardoso (1992) found that in Latin America the inflation tax does not affect those already below the poverty line, because they hold little cash. Cardoso also found that higher inflation is associated with lower real wages.…”

Section: Resultsmentioning

confidence: 99%

How best to link poverty reduction and debt sustainability in IMF–World Bank models?

Granville

Mallick

2005

International Review of Applied Economics

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This paper attempts to provide an economic model in the context of developing countries to address the policy strategies related to poverty reduction. With a view to deal with the shortcomings of the existing approaches as regards poverty reduction, this paper develops a model on the basis of the policy framework of the IMF and the World Bank to show how demand growth can be a crucial mechanism in determining the potential rate of growth, and then to suggest ways in which poverty-conceptualised officially in absolute terms with a subjective cut-off point (e.g. US $1/$2 a day), and a new objective measure in terms of consumption deprivation-can be linked with the key policy variables contained in the adjustment programmes. A strategy of investment in infrastructure and

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Inflation and Poverty

Cited by 88 publications

References 1 publication

The Small and Medium Enterprises and Poverty in Pakistan: An Empirical Analysis

The Small and Medium Enterprises and Poverty in Pakistan: An Empirical Analysis

Inflation, Inequality, and Social Conflict

How best to link poverty reduction and debt sustainability in IMF–World Bank models?

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