Aurobindo Ghosh
Aurobindo Ghosh is an Assistant Professor of Finance at Singapore Management University. He also serves as Principle Investigator and Pogramme Director for the Citi-SMU Financial Literacy Program for Young Adults. His research interests are in Theoretical and Applied Econometrics, Financial Econometrics, Empirical Finance and Investment and Business Statistics.
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The lowest quintile group might suffer the most from rising prices as a greater proportion of their budget is spent on essential items. They also have less savings and investment to mitigate inflation.