Ipsen, LeonhardLeonhardIpsen0009-0007-7419-8872Schulz, JanJanSchulz0000-0001-7745-3997Bamberg Economic Research Group2024-08-072024-08-072024https://fis.uni-bamberg.de/handle/uniba/96201We 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 AnalysisEurope330workingpaperurn:nbn:de:bvb:473-irb-962010