The extensive monetary policy of central banks during the Great Recession has re-newed the interest in the relation between (possibly) non-neutral money and wealth and income inequality. In this work, a dynamic general equilibrium model approach is used to study the effects of an inflation rate...

With interest rates at the zero lower bound, central banks resort to unconventional methods to fuel the economy, such as Quantitative Easing (QE). Since QE has become widely used over the past decade, we examine for any possible adverse effects it can have on wealth inequality, measured as the...