The Distributional Impact of Inflation in South Asia

• Tác giả: Vanessa Olakemi Dovonou
• Ngôn ngữ: eng
• Ký hiệu phân loại: 609.54 Historical, geographic, persons treatment
• Thông tin xuất bản: World Bank, Washington, DC, 2023
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 245410
• Chủ đề: 1. DISTRIBUTIONAL EFFECT; 2. DISTRIBUTIONAL IMPACT; 3. FOOD INFLATION; 4. INEQUALITY; 5. INFLATION

Tóm tắt

This paper provides an empirical estimation of the distributional impact of inflation on households in South Asia. Two main channels are explored-the consumption basket channel and the income channel-for households in different income deciles in selected countries in South Asia. Using recent household expenditure surveys, the paper constructs detailed consumption expenditure shares and the effective "cost-of-living" inflation for households of different income levels. The analysis finds that due to a substantially larger share of food expenditure, households in lower income deciles experience higher effective inflation when food prices are high, despite a diversification in consumption expenditure over time. The analysis also suggests heterogeneous effects of inflation through the household income channel.