Cover Image
Read Now

The uneven impact of high inflation

Inflation indices - such as the national Consumer Price Indices (CPI) and the EU Harmonised Indices of Consumer Prices (HICP) - measure price changes for the overall economy, which may not reflect the inflation experience of an individual household or group of households. This paper contributes to p...

Full description

Bibliographic Details
Main Author: Caisl, Jakub
Other Authors: Hermida, Luiz, Levy, Horacio, Menyhért, Bálint
Format: eBook
Language:English
Published: Paris OECD Publishing 2023
Series:OECD Papers on Well-being and Inequalities
Subjects:
Social Issues/migration/health
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
LEADER 02042nma a2200277 u 4500
001 EB002190066
003 EBX01000000000000001327531
005 00000000000000.0
007 cr|||||||||||||||||||||
008 240103 ||| eng
100 1 |a Caisl, Jakub 
245 0 0 |a The uneven impact of high inflation  |h Elektronische Ressource  |c Jakub, Caisl ... [et al] 
260 |a Paris  |b OECD Publishing  |c 2023 
300 |a 57 p.  |c 21 x 28cm 
653 |a Social Issues/Migration/Health 
700 1 |a Hermida, Luiz 
700 1 |a Levy, Horacio 
700 1 |a Menyhért, Bálint 
041 0 7 |a eng  |2 ISO 639-2 
989 |b OECD  |a OECD Books and Papers 
490 0 |a OECD Papers on Well-being and Inequalities 
028 5 0 |a 10.1787/59e2b8ae-en 
856 4 0 |a oecd-ilibrary.org  |u https://doi.org/10.1787/59e2b8ae-en  |x Verlag  |3 Volltext 
082 0 |a 304 
082 0 |a 610 
520 |a Inflation indices - such as the national Consumer Price Indices (CPI) and the EU Harmonised Indices of Consumer Prices (HICP) - measure price changes for the overall economy, which may not reflect the inflation experience of an individual household or group of households. This paper contributes to previous studies of the distributive impact of recent high inflation in EU Member States. Producing more granular and recent results, this paper finds a substantial rise in effective inflation dispersion across households and confirms that lower-income households continue to experience higher inflation. This inflation gap remains even after energy prices have eased and when controlling for other household characteristics. Results also show that the distributive impact of inflation on household groups has varied over time, as changes in relative prices across the inflationary period have influenced the extent of the impact of inflation across population groups. Finally, differences in effective inflation rates have cumulated over time, particularly for households with lower-income and headed by people aged 60 years or more and with lower levels of education 

Similar Items