Moving Closer or Drifting Apart: Distributional Effects of Monetary Policy

Our paper picks up the current controversial debate about increasing (income) inequality due to recent monetary policy measures in major advanced economies. We use a VAR framework identified with sign restrictions to figure out how income inequality related measures react to monetary policy in six d...

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Veröffentlicht in:MAGKS - Joint Discussion Paper Series in Economics (Band 21-2017)
Autoren: Hafemann, Lucas, Rudel, Paul, Schmidt, Jörg
Format: Artikel
Sprache:Englisch
Veröffentlicht: Philipps-Universität Marburg 2017
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MAGKS - Joint Discussion Paper Series in Economics