Inequality is increasingly a concern. Fiscal and structural policies are well-understood mitigators. However, less is … known about the potential role of monetary policy. This paper investigates how inequality matters for monetary policy within … a tractable Two-Agent New Keynesian model that captures important dimensions of inequality. We find some support for …

, concerns about their inequality impact have grown. But rising inequality has multiple causes and its relationship with monetary …

low and stable inflation could at the same time reduce consumption inequality over a 12-18 month horizon, commonly … currency by keeping inflation low and steady. This paper provides evidence that monetary policy tightening aimed at maintaining … benefit mainly from lower inflation. By contrast, the real consumption of individuals at higher ends of the consumption …

In this paper we analyze the dynamics among past major pandemics, economic growth, inequality, and social unrest. We … increase in social unrest by reducing output and increasing inequality. We also find that higher social unrest, in turn, is … associated with lower ourput and higher inequality, pointing to a vicious cycle. Our results suggest that without policy measures …

for future policy priorities. We follow an eclectic approach, classifying a broad set of indicators along six dimensions-inequality … forward a set of descriptive findings. First, income inequality declined substantially but remains high, also compared to … declining inequality where perceived inequality actually increased. Third, notwithstanding an increase in social spending …

-constrained interest rate rule and the threshold level of debt are jointly estimated for Canada during the first decade of its inflation … toward an increase in expected inflation falls as debts increase beyond a certain threshold level. A debt … less loose than what inflation indicators called for …

income inequality and inflation. The model''s key features are unequal access to both inflation-hedging opportunities and the … political process. The model predicts that inequality and ''elite bias'' in the political system interact to create incentives … for inflation. The paper''s empirical section focuses on this predicted interaction effect. The identification strategy …

-time inflation forecasts of the Bank of Canada with the aim of identifying potential areas for improvement. Not surprisingly, the …Against the backdrop of an ongoing review of the inflation-targeting framework, this paper examines the real … results show that errors in forecasting non-core inflation (commodity prices et cetera) are found to be the largest …

between monetary autonomy and inflation dynamics in a panel of Caribbean countries over the period 1980-2017. The empirical … results show that monetary independence is a significant factor in determining inflation, even after controlling for … monetary policy for domestic purposes independent of external monetary influences, leads to lower consumer price inflation …