Inequality Consequences of Inflation: Income and Wealth Distribution

Leyla Firuze Arda Özalp; Fatma Esra Soylu

doi:10.25229/beta.1909916

EN TR

Inequality Consequences of Inflation: Income and Wealth Distribution

Abstract

While the literature has extensively examined the impacts of inflation on income distribution, relatively little attention has been given to its impact on wealth distribution. Addressing this gap, this paper analyzes inflation's effects on income inequality and wealth inequality, aiming to provide new empirical evidence. Using panel data methodology, the paper analyzes the impacts of inflation on inequalities across 37 OECD countries over the period 1995 to 2022. The impacts of inflation on the top income and top wealth shares are examined at both the panel and country levels. The findings indicate that inflation is associated with higher levels of inequality, with this association being statistically significant in the majority of the countries analyzed. A core result emerging from the study is that the association between inflation and wealth inequality appears stronger than that between inflation and income inequality.

Keywords

Inequality, wealth inequality, income inequality, inflation

Enflasyonun Eşitsizlik Sonuçları: Gelir ve Servet Dağılımı

Abstract

Literatürde enflasyonun gelir dağılımı üzerindeki etkileri geniş ölçüde ele alınmış olsa da, servet dağılımı üzerindeki etkileri daha sınırlı düzeyde incelenmiştir. Bu boşluğu gidermek amacıyla, bu makale enflasyonun gelir ve servet eşitsizliği üzerindeki etkilerini analiz ederek yeni ampirik kanıtlar sunmayı amaçlamaktadır. Bu çalışma, panel veri metodolojisini kullanarak 1995 ile 2022 yılları arasında 37 OECD ülkesinde enflasyonun eşitsizlikler üzerindeki etkilerini analiz etmektedir. Enflasyonun en yüksek gelir ve en yüksek servet payları üzerindeki etkileri hem panel hem de ülke düzeyinde incelenmiştir. Bulgular, enflasyonun daha yüksek eşitsizlik düzeyleriyle ilişkili olduğunu ve bu ilişkinin incelenen ülkelerin çoğunda istatistiksel olarak anlamlı olduğunu göstermektedir. Çalışmadan ortaya çıkan temel sonuçlardan biri, enflasyon ile servet eşitsizliği arasındaki ilişkinin, enflasyon ile gelir eşitsizliği arasındaki ilişkiden daha güçlü görünmesidir.

Keywords

Eşitsizlik, Servet eşitsizliği, Gelir eşitsizliği, Enflasyon

References

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Details

Primary Language

English

Subjects

Inflation, Development Economics - Macro, Macroeconomics (Other), Political Economy

Journal Section

Research Article

Authors

Leyla Firuze Arda Özalp ^*
0000-0001-9654-8043
Türkiye

Fatma Esra Soylu
0000-0002-3183-1179
Türkiye

Early Pub Date

October 11, 2026

Publication Date

-

Submission Date

March 16, 2026

Acceptance Date

July 2, 2026

Published in Issue

Year 2026 Number: Advanced Online Publication

DOI

https://doi.org/10.25229/beta.1909916

IZ

https://izlik.org/JA64JZ54YX

APA

Arda Özalp, L. F., & Soylu, F. E. (2026). Inequality Consequences of Inflation: Income and Wealth Distribution. Bulletin of Economic Theory and Analysis, Advanced Online Publication. https://doi.org/10.25229/beta.1909916

AMA

1.Arda Özalp LF, Soylu FE. Inequality Consequences of Inflation: Income and Wealth Distribution. Beta. 2026;(Advanced Online Publication). doi:10.25229/beta.1909916

Chicago

Arda Özalp, Leyla Firuze, and Fatma Esra Soylu. 2026. “Inequality Consequences of Inflation: Income and Wealth Distribution”. Bulletin of Economic Theory and Analysis, no. Advanced Online Publication. https://doi.org/10.25229/beta.1909916.

EndNote

Arda Özalp LF, Soylu FE (October 1, 2026) Inequality Consequences of Inflation: Income and Wealth Distribution. Bulletin of Economic Theory and Analysis Advanced Online Publication

IEEE

[1]L. F. Arda Özalp and F. E. Soylu, “Inequality Consequences of Inflation: Income and Wealth Distribution”, Beta, no. Advanced Online Publication, Oct. 2026, doi: 10.25229/beta.1909916.

ISNAD

Arda Özalp, Leyla Firuze - Soylu, Fatma Esra. “Inequality Consequences of Inflation: Income and Wealth Distribution”. Bulletin of Economic Theory and Analysis. Advanced Online Publication (October 1, 2026). https://doi.org/10.25229/beta.1909916.

JAMA

1.Arda Özalp LF, Soylu FE. Inequality Consequences of Inflation: Income and Wealth Distribution. Beta. 2026. doi:10.25229/beta.1909916.

MLA

Arda Özalp, Leyla Firuze, and Fatma Esra Soylu. “Inequality Consequences of Inflation: Income and Wealth Distribution”. Bulletin of Economic Theory and Analysis, no. Advanced Online Publication, Oct. 2026, doi:10.25229/beta.1909916.

Vancouver

1.Leyla Firuze Arda Özalp, Fatma Esra Soylu. Inequality Consequences of Inflation: Income and Wealth Distribution. Beta. 2026 Oct. 1;(Advanced Online Publication). doi:10.25229/beta.1909916

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Inequality Consequences of Inflation: Income and Wealth Distribution

Abstract

Keywords

Enflasyonun Eşitsizlik Sonuçları: Gelir ve Servet Dağılımı

Abstract

Keywords

References

Details

Primary Language

Subjects

Journal Section

Authors

Early Pub Date

Publication Date

Submission Date

Acceptance Date

Published in Issue

DOI

IZ

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