INFLATION DIFFERENTIALS AMONG UGANDAN HOUSEHOLDS: 1997 - 2007

John A. Okidi and Vincent Nsubuga

No 150482, Research Series from Economic Policy Research Centre (EPRC)

Abstract: Since the structural adjustment days of the 1990s, targeting inflation to single digit rates has remained a predominant feature of Uganda’s macroeconomic strategy towards creating and sustaining an enabling environment for poverty-reducing growth. One of the most commonly advanced arguments for this inflation targeting strategy is the minimization of the erosion of the purchasing power of the poor. Implicit in this argument is the concern that inflation hurts the poor the most. However, since different consumers purchase different bundles of goods and services depending on personal and location-specific socioeconomic characteristics, when inflation rises beyond the targeted range, it is not obvious which income group experiences a relatively higher rate of inflation. Even when group-specific inflation rates are known, the subpopulation with a higher relative rate of inflation may not necessary be the one that bears the brunt of a surge in inflation...

Keywords: Consumer/Household Economics; Financial Economics; Labor and Human Capital; Production Economics (search for similar items in EconPapers)
Pages: 47
Date: 2010-07
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://ageconsearch.umn.edu/record/150482/files/series72.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:eprcrs:150482

DOI: 10.22004/ag.econ.150482

Access Statistics for this paper

More papers in Research Series from Economic Policy Research Centre (EPRC) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().