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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Bibliographic Details

Published in:	MAGKS - Joint Discussion Paper Series in Economics (Band 21-2017)
Main Authors:	Hafemann, Lucas, Rudel, Paul, Schmidt, Jörg
Format:	Article
Language:	English
Published:	Philipps-Universität Marburg 2017
Subjects:	Factor Income Distribution Monetary Policy Wirtschaft VAR, Sign-Restrictions Income Inequality Economics
Online Access:	PDF Full Text
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