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Inflation, unemployment, and poverty revisited

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  • Elizabeth T. Powers

Abstract

An examination of the impact of inflation and unemployment on poverty, using a poverty rate based on goods and services consumed, rather than on income. The findings suggest that inflation may harm the poor more than was previously thought.

Suggested Citation

  • Elizabeth T. Powers, 1995. "Inflation, unemployment, and poverty revisited," Economic Review, Federal Reserve Bank of Cleveland, issue Q III, pages 2-13.
    • Handle: RePEc:fip:fedcer:y:1995:i:qiii:p:2-13
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    References listed on IDEAS

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    1. Rebecca M. Blank, 1991. "Why Were Poverty Rates So High in the 1980s?," NBER Working Papers 3878, National Bureau of Economic Research, Inc.
    2. Blinder, Alan S & Esaki, Howard Y, 1978. "Macroeconomic Activity and Income Distribution in the Postwar United States," The Review of Economics and Statistics, MIT Press, vol. 60(4), pages 604-609, November.
    3. Jorgenson, Dale W & Slesnick, Daniel T, 1987. "Aggregate Consumer Behavior and Household Equivalence Scales," Journal of Business & Economic Statistics, American Statistical Association, vol. 5(2), pages 219-232, April.
    4. repec:bla:revinw:v:25:y:1979:i:4:p:377-92 is not listed on IDEAS
    5. David M. Cutler & Lawrence F. Katz, 1991. "Macroeconomic Performance and the Disadvantaged," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 22(2), pages 1-74.
    6. Elizabeth T. Powers, 1995. "Growth and poverty revisited," Economic Commentary, Federal Reserve Bank of Cleveland, issue Apr.
    7. Joseph J. Minarik, 1979. "The Size Distribution Of Income During Inflation," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 25(4), pages 377-391, December.
    8. Slesnick, Daniel T, 1993. "Gaining Ground: Poverty in the Postwar United States," Journal of Political Economy, University of Chicago Press, vol. 101(1), pages 1-38, February.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Luis Ayala & Olga Cantó & Juan G. Rodríguez, 2011. "Poverty and the business cycle: The role of the intra-household distribution of unemployment," Working Papers 222, ECINEQ, Society for the Study of Economic Inequality.
    2. Gustavo A. Marrero & Juan G. Rodriguez, 2012. "Macroeconomic determinants of inequality of opportunity and effort in the US: 1970-2009," Working Papers 249, ECINEQ, Society for the Study of Economic Inequality.
    3. Steven F. Koch & Adel Bosch, 2009. "Inflation and the Household: Towards a Measurement of the Welfare Costs of Inflation," Working Papers 200917, University of Pretoria, Department of Economics.
    4. Teguh Dartanto, 2013. "The Application Of An Endogenous Poverty Line And Its Relationship With The Poverty Impact Of Economic Shocks: An Empirical Investigation," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 58(01), pages 1-25.
    5. Teguh Dartanto, 2011. "A Theoretical and Empirical Investigation of the Application of an Endogenous Poverty Line and Its Relationship with the Poverty Impact of Policy Reforms," Working Papers in Economics and Business 201101, Faculty of Economics and Business, University of Indonesia, revised Nov 2011.
    6. Annegues, Ana Claudia & Rodrigues de Oliveira, Victor & Souza, Wallace Patrick Santos de Farias, 2017. "Thoughts on the inequality of opportunities: new evidence," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    7. James Temitope Dada & Taiwo Akinlo, 2021. "Foreign direct investment and poverty reduction in sub-Saharan Africa: does environmental degradation matter?," Future Business Journal, Springer, vol. 7(1), pages 1-10, December.
    8. John Anyanwu, 2013. "Working Paper 181 - Determining the Correlates of Poverty for Inclusive Growth in Africa," Working Paper Series 979, African Development Bank.
    9. Easterly, William & Fischer, Stanley, 2001. "Inflation and the Poor," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 33(2), pages 160-178, May.
    10. Agyapomaa Gyeke-Dako & Elikplimi Komla Agbloyor & Abel Mawuko Agoba & Festus Turkson & Emmanuel Abbey, 2022. "Central Bank Independence, Inflation, and Poverty in Africa," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 21(2), pages 211-236, June.
    11. Gurmit Kaur & Siti Ayu Jalil, 2017. "Examining the Linkage between Poverty and Macroeconomic Variables in Malaysia: A Co-integration Analysis," Information Management and Business Review, AMH International, vol. 9(2), pages 6-15.
    12. Javier Cossío Medinacelli & Marco Antonio Laguna Vargas & Dennise Martin Alarcón & Pablo Mendieta Ossio & Raúl Mendoza Patiño & Martín Palmero Pantoja & Hugo Rodríguez Gonzales, 2008. "La inflación y políticas del Banco Central de Bolivia," Revista de Análisis del BCB, Banco Central de Bolivia, vol. 10(1), pages 73-109, December.
    13. Bonilla, Eugenio Diaz, 2008. "Global macroeconomic developments and poverty:," IFPRI discussion papers 766, International Food Policy Research Institute (IFPRI).
    14. Abdoul¡¯ Ganiou Mijiyawa and Djoulassi K. Oloufade, 2019. "State Capacity, Agricultural Productivity and Poverty Reduction in African Countries," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 44(1), pages 39-67, March.
    15. Nikolaos Papanikolaou, 2020. "Markov-Switching Model of Family Income Quintile Shares," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 48(2), pages 207-222, June.

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