Mimir, Yasin; Mæhlum, Mathis; Torstensen, Kjersti Næss - 2021
We quantify the short-term effects of both non-systematic and systematic monetary policy on the income and wealth … distribution in Norway, and measure the relative importance of the various channels. An expansionary monetary policy shock is found … households with high debt-to-income ratios gain relatively more from a lower interest rate. Because of the high home ownership …