Showing 1 - 10 of 12,964
Persistent link: https://www.econbiz.de/10011687126
Persistent link: https://www.econbiz.de/10011754672
Persistent link: https://www.econbiz.de/10008934393
Persistent link: https://www.econbiz.de/10012859080
We consider a Keynes-Goodwin model of effective demand and the distributive cycle where workers purchase goods and houses with marginal propensity significantly larger than one. They therefore need credit, supplied from asset holders, and have to pay interest on their outstanding debt. In this...
Persistent link: https://www.econbiz.de/10003861624
interest rates tends to distribute income towards higher income classes. This helps explain why consumer price inflation in …
Persistent link: https://www.econbiz.de/10011428355
inequality from 2005 to 2016 at the monthly frequency. We investigate the dynamic relationship between monetary policy and the … evolution of wealth inequality measures. Our findings suggest that expansionary monetary policy shocks lead to an increase in … wealth inequality and contributed significantly to its fluctuations. This effect is heterogenous across the wealth …
Persistent link: https://www.econbiz.de/10012120339
Persistent link: https://www.econbiz.de/10012514963
Persistent link: https://www.econbiz.de/10014517302
Persistent link: https://www.econbiz.de/10014577895