Furceri, Davide; Loungani, Prakash; Zdzienicka, Aleksandra - 2016
This paper provides new evidence of the effect of monetary policy shocks on income inequality. Using a measure of … over time, depending on the type of the shocks (tightening versus expansionary monetary policy) and the state of the … business cycle, and across countries depending on the share of labor income and redistribution policies. In particular, we find …