Wildauer, Rafael ORCID: https://orcid.org/0000-0001-6395-6286, Kohler, Karsten, Aboobaker, Adam and Guschanski, Alexander ORCID: https://orcid.org/0000-0002-7818-8264 (2023) How to reduce inflation without increasing unemployment and income inequality. London School of Economics, London.

Preview

PDF (Accepted Blog Article) 50358 GUSCHANSKI_How_To_Reduce_Inflation_Without_Increasing_Unemployment_And_Income_Inequality_(BLOG)_2023.pdf - Accepted Version Download (569kB) | Preview

Abstract

Existing analyses have failed to emphasise inflation’s underlying distributional sources and outcomes. Rafael Wildauer, Karsten Kohler, Adam Aboobaker and Alexander Guschanski present a macroeconomic model that analyses how energy price shocks trigger redistribution between workers and firms, and between different sectors of the economy. For them, a windfall tax can redistribute energy profits towards workers, a promising policy tool for reducing inflation without increasing unemployment and income inequality.

Item Type:	Other
Uncontrolled Keywords:	inflation, inequality, income distribution
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory
Faculty / School / Research Centre / Research Group:	Greenwich Business School Greenwich Business School > Political Economy, Governance, Finance and Accountability (PEGFA) Journal of Economic Literature Classification > Political Economy, Governance, Finance and Accountability (PEGFA) Greenwich Business School > School of Accounting, Finance and Economics
Last Modified:	09 May 2025 10:41
URI:	http://gala.gre.ac.uk/id/eprint/50358

Actions (login required)

View Item

Downloads