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Money, distribution and economic policy : alternatives to orthodox macroeconomics
Hein, Eckhard (ed.); Truger, Achim (contributor) - 2007
Persistent link: https://www.econbiz.de/10003401730
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Money, distribution and economic policy : alternatives to orthodox macroeconomics
Hein, Eckhard (contributor); Truger, Achim (contributor) - 2007
pt. 1. Heterodox economic theory and money in macroeconomics -- pt. 2. Distribution and aggregate demand -- pt. 3 …: the development of heterodox theory, the role of money in macroeconomics, the relationship between distribution and …
Persistent link: https://www.econbiz.de/10012420004
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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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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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Redistribution and the monetary-fiscal policy mix
Bhattarai, Saroj; Lee, Jae Won; Yang, Choongryul - 2020
Persistent link: https://www.econbiz.de/10012542395
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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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Monetary Policy and Redistribution in Open Economies
Guo, Xing - 2020
We study how monetary policy affects the asymmetric effects of globalization. To this end, we build an open-economy heterogeneous-agent New Keynesian model (HANK), in which households differ in their income, wealth, and real and financial integration with international markets. We use the model...
Persistent link: https://www.econbiz.de/10012482432
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Monetary policy and redistribution in open economies
Guo, Xing; Ottonello, Pablo; Perez, Diego J. - 2020
Persistent link: https://www.econbiz.de/10012417063
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Sectoral intermediate goods and redistributive effects of economic policies
Nalban, Valeriu - In: Journal of macroeconomics 58 (2018), pp. 292-307
Persistent link: https://www.econbiz.de/10012128318
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Monetary Policy and Redistribution in Open Economies
Guo, Xing; Ottonello, Pablo; Perez, Diego - 2022
We study how monetary policy affects the asymmetric effects of globalization. To this end, we build an open-economy heterogeneous-agent New Keynesian model (HANK), in which households differ in their income, wealth, and real and financial integration with international markets. We use the model...
Persistent link: https://www.econbiz.de/10014089922