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High inflation disproportionately hurts low-income households


Abstract: Household survey results do not support Nobel laureate economist Paul Krugman's recent suggestion that low-income families “have actually been hurt less by inflation than families with higher incomes.”

Keywords: inflation; monetary policy;

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File(s): File format is text/html https://www.dallasfed.org/research/economics/2023/0110
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Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2023-01-10