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Losers amongst the losers: The welfare effects of the Great Recession across cohorts
Ferrari, Alessandro - 2020
This paper studies the effect of deep recessions on intergenerational inequality by quantifying the welfare effects on …
Persistent link: https://www.econbiz.de/10012422171
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Losers Amongst the Losers : The Welfare Effects of the Great Recession Across Cohorts
Ferrari, Alessandro - 2021
This paper studies the effect of deep recessions on intergenerational inequality by quantifying the welfare effects on …
Persistent link: https://www.econbiz.de/10013248941
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Inheritances and the distribution of wealth or whatever happened to the great inheritance boom?
Wolff, Edward N.; Gittleman, Maury - 2011
transfers to other sources of household wealth has had a sizeable effect on reducing the inequality of wealth. …
Persistent link: https://www.econbiz.de/10011605346
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Consumption inequality and family labor supply
Blundell, Richard; Pistaferri, Luigi; Saporta-Eksten, Itay - 2014
In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that …
Persistent link: https://www.econbiz.de/10011605701
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Monetary policy according to HANK
Kaplan, Greg; Moll, Benjamin; Violante, Giovanni L. - 2016
We revisit the transmission mechanism of monetary policy for household consumption in a Heterogeneous Agent New Keynesian (HANK) model. The model yields empirically realistic distributions of household wealth and marginal propensities to consume because of two key features: multiple assets with...
Persistent link: https://www.econbiz.de/10011605944
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Monetary policy and household inequality
Ampudia, Miguel; Georgarakos, Dimitris; Slacalek, Jiri; … - 2018
affects income and wealth inequality. We then illustrate quantitatively how various channels of transmission - net interest …
Persistent link: https://www.econbiz.de/10011916874
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Monetary policy, agent heterogeneity and inequality: Insights from a three-agent New Keynesian model
Eskelinen, Maria - 2021
homogeneous MPC rates. Consumption inequality is countercyclical in this setting and a high degree of leverage amplifies the …
Persistent link: https://www.econbiz.de/10012661618
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Immigrants and the distribution of income and wealth in the euro area: First facts and implications for monetary policy
Dossche, Maarten; Kolndrekaj, Aleksandra; Propst, Maximilian - 2022
We use household surveys to describe differences in wages, income, wealth and liquid assets of households born in their country of residence ("natives") vs. those born in other EU and non- EU countries ("immigrants"). The differences in wealth are more substantial than the differences in wages...
Persistent link: https://www.econbiz.de/10014278204
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Digitalisation and the economy
Dedola, Luca; Ehrmann, Michael; Hoffmann, Peter; Lamo, Ana - 2023
research to identify some of its key implications for labour markets, inequality, e-commerce and the financial system. Beyond … aggregate but changes their content; ii) tends to raise income and wealth inequality; iii) has ambiguous effects on competition …
Persistent link: https://www.econbiz.de/10014374597
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How does monetary policy affect income and wealth inequality? Evidence from quantitative easing in the euro area
Lenza, Michele; Slacalek, Jirka - 2018
contrast, monetary policy has only negligible effects on wealth inequality. …
Persistent link: https://www.econbiz.de/10012142034