Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Inflation and income inequality: Does the level of income inequality
  matter?   In the recent times of global Covid pandemic, the Federal Reserve has raised
the concerns of upsurges in prices. Given the complexity of interaction between
inflation and inequality, we examine whether the impact of inflation on
inequality differs among distinct levels of income inequality across the US
states. Results reveal that there is a negative contemporaneous effect of
inflation on the inequality which becomes stronger with higher levels of income
inequality. However, over a one year period, we find higher inflation rate to
further increase income inequality only when income inequality is initially
relatively low.

31
The categories of this paper are: ao-sci
33
The categories of this paper are: plasm-ph
24
The categories of this paper are: dg-ga
8
The categories of this paper are: hep-ex
22
The categories of this paper are: chao-dyn
0
The categories of this paper are: hep-ph
3
The categories of this paper are: physics
1
The categories of this paper are: cs
4
The categories of this paper are: cond-mat
37
The categories of this paper are: supr-con
2
The categories of this paper are: math
25
The categories of this paper are: patt-sol
7
The categories of this paper are: hep-th
23
The categories of this paper are: solv-int
30
The categories of this paper are: q-alg
36
The categories of this paper are: cmp-lg