Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/300671 
Year of Publication: 
2024
Series/Report no.: 
BERG Working Paper Series No. 195
Publisher: 
Bamberg University, Bamberg Economic Research Group (BERG), Bamberg
Abstract: 
We suggest and empirically substantiate that the global production network constitutes an important variable for inflation inequality, as it modulates the impact of cost-push shocks on households. For most price shocks, the production network reduces inflation inequality, however, at the expense of lower-income households. Introducing a synthetic Consumer Price Index indicates lower-income households to be at the losing end of the overall effect of supply-side price shocks.
Subjects: 
Inequality
Inflation
Input-output Analysis
Europe
ISBN: 
978-3-949224-16-4
Document Type: 
Working Paper

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