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Strategic campaigns and redistributive politics
Schultz, Christian - 2003
The paper investigates strategic campaigning in a model of redistributive politics in a society with many groups and two parties. Campaigns are informative, and parties can target campaigns to different groups. Voters are uncertain about whether parties fabor special groups. The parties will...
Persistent link: https://www.econbiz.de/10011514172
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Monetary-fiscal interactions and redistribution in small open economies
Motyovszki, Gergö - 2020
Persistent link: https://www.econbiz.de/10012586862
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Redistribution and the monetary-fiscal policy mix
Bhattarai, Saroj; Lee, Jae Won; Yang, Choongryul - 2020
We show that the effectiveness of redistribution policy in stimulating the economy and improving welfare is directly … regime counteract the deflationary forces during the recession. Moreover, redistribution produces a Pareto improvement under …
Persistent link: https://www.econbiz.de/10012388237
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Distributional consequences of conventional and unconventional monetary policy
Bielecki, Marcin; Brzoza-Brzezina, Michał; Kolasa, Marcin - 2020
Persistent link: https://www.econbiz.de/10012241827
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Monetary policy, financial constraints, and redistribution
Loenser, Christian; Schabert, Andreas - 2020 - Version: March 11, 2020
This paper examines how financial constraints affect redistribution via monetary policy. We explore a novel mechanism …
Persistent link: https://www.econbiz.de/10012270429
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Inflation and income inequality
Sieroń, Arkadiusz - In: Prague economic papers : a bimonthly journal of … 26 (2017) 6, pp. 633-645
Persistent link: https://www.econbiz.de/10011780215
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The microfoundation of macroeconomic populism : the effects of economic inequality on public inflation aversion
Kim, Hyunwoo - In: Economics & politics 35 (2023) 1, pp. 65-96
Persistent link: https://www.econbiz.de/10014279824
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Redistribution and the monetary-fiscal policy mix
Bhattarai, Saroj; Lee, Jae-Won; Yang, Choongryul - In: Quantitative economics : QE ; journal of the … 14 (2023) 3, pp. 817-853
We show that the effectiveness of redistribution policy is tied to how much inflation it generates, and thereby to … effects of the CARES Act in a COVID recession. We find that transfer multipliers are larger, and that moreover, redistribution …
Persistent link: https://www.econbiz.de/10014362537
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The welfare cost of inflation in general equilibrium
Dotsey, Michael; Ireland, Peter N. - 1994
Persistent link: https://www.econbiz.de/10000886735
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Second-best credit policy : the problem with 100% reserves
Gillman, Max - 1994
Persistent link: https://www.econbiz.de/10000892888