论文标题
部分可观测时空混沌系统的无模型预测
Inflation and income inequality: Does the level of income inequality matter?
论文作者
论文摘要
最近,全球库维德大流行时,美联储提出了价格上涨的担忧。鉴于通货膨胀和不平等之间的相互作用的复杂性,我们检查通货膨胀对不平等的影响是否在美国各州的不同收入不平等之间有所不同。结果表明,通货膨胀对不平等的负面影响,随着收入不平等的水平越来越大。但是,在一年内,我们发现只有在收入不平等相对较低时,我们才发现更高的通货膨胀率才能进一步增加收入不平等。
In the recent times of global Covid pandemic, the Federal Reserve has raised the concerns of upsurges in prices. Given the complexity of interaction between inflation and inequality, we examine whether the impact of inflation on inequality differs among distinct levels of income inequality across the US states. Results reveal that there is a negative contemporaneous effect of inflation on the inequality which becomes stronger with higher levels of income inequality. However, over a one year period, we find higher inflation rate to further increase income inequality only when income inequality is initially relatively low.