Which Households Are Most Exposed to the Inflation “Tax”?

Yu-Ting Chiang and Jesse LaBelle
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Yu-Ting Chiang: https://research.stlouisfed.org/econ/chiang/oc/

On the Economy from Federal Reserve Bank of St. Louis

Abstract: The federal government benefits from unexpected bouts of inflation since the real value of its debt falls. However, this also hurts its debtholders.

Keywords: inflation; federal debt (search for similar items in EconPapers)
Date: 2023-06-27
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:96451

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