Ipsen, LeonhardLeonhardIpsen0009-0007-7419-8872Schulz, JanJanSchulz0000-0001-7745-39972024-06-182024-06-182024978-3-949224-16-4https://fis.uni-bamberg.de/handle/uniba/95797We suggest and empirically substantiate that the global production network constitutes an important variable for inflation inequality, as it modulates the impact of cost-push shocks on households. For most price shocks, the production network reduces inflation inequality, however, at the expense of lower-income households. Introducing a synthetic Consumer Price Index indicates lower-income households to be at the losing end of the overall effect of supply-side price shocks.engInequalityInflationInput-output AnalysisEurope330workingpaper