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This paper aims at providing new evidence over the effect of conventional monetary policy shocks on wage inequality …
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We use household surveys to describe differences in wages, income, wealth and liquid assets of households born in their country of residence ("natives") vs. those born in other EU and non- EU countries ("immigrants"). The differences in wealth are more substantial than the differences in wages...
Persistent link: https://www.econbiz.de/10013367109
In the 24 years since its introduction, the euro has experienced a financial crisis, a government debt crisis, a global pandemic, and an energy crisis-and survived. Using a model focusing on households, this Weekly Report shows that the monetary union’s stability is rooted in the fact that the...
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Our paper picks up the current controversial debate about increasing (income) inequality due to recent monetary policy … policy to overall income inequality works we pick up two major channels dominant in literature: The employment channel and … address and mitigate harmful effects of increased market in- come inequality. …
Persistent link: https://www.econbiz.de/10011647171