The impact of wealth inequality on inflation and unfair competition among consumers
Yükleniyor...
Dosyalar
Tarih
2024
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
WILEY, 111 RIVER ST, HOBOKEN 07030-5774, NJ
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
This study examines unfair competition among consumers according to wealth groups. The study hypothesizes that consumer groups with high income and wealth levels have a competitive advantage over consumer groups with low income and wealth levels, and therefore wealth inequality may create upward pressure on prices. Data from 37 Organisation for Economic Co‐operation and Development member countries covering 2000–2022 were used in the analysis. According to the results of the analysis, increases in the wealth of high‐wealth groups increase the inflation rate more severely.
Açıklama
Anahtar Kelimeler
consumption inequality, income inequality, inflation, unfair competition, wealth inequality
Kaynak
MANCHESTER SCHOOL
WoS Q Değeri
Q3
Scopus Q Değeri
Cilt
93
Sayı
2