Year: 1992
Type: report
Abstract: This paper discusses the regressive nature of the inflation tax and she limited extent of its impact on those individuals below the poverty line.It also argues that inflation affects poverty mainly through its impact on real wages: the empirical evidence shows that wages increase more slowly than prices during episodes of rising inflation in Latin America.Finally the paper discusses whether sonic stabilization programs are less costly in Lenns of increased poverty than others Both orthodox programs and attempts to reduce inflacinn by the implementation of incomes policy have not helped the poor in LatIn America.
DOI: 10.3386/w4006
Author: Eliana Cardoso
Institutions: National Bureau of Economic Research, Georgetown University
Language: English
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2107444248