Mimir, Yasin; Mæhlum, Mathis; Torstensen, Kjersti Næss - 2021
inequality in disposable income and wealth. The key channel for disposable income is the savings redistribution channel, whereby … households with high debt-to-income ratios gain relatively more from a lower interest rate. Because of the high home ownership … fluctuations in output and inflation, also tends to stabilize income and wealth inequality. …