inflation such as the U.S. and Canada. For example, in Canada, a systematic review of the current inflation targeting framework … assessing the redistributional effects of inflation in Canada that arise through the revaluation of nominal assets and … effects of inflation. This omission is likely to be important since the welfare costs of inflation depend not only on …

to support the standard objection to such policies: that they will lead to uncontrollable inflation. Theoretical models … paper presents a counter-example in the activities of the Bank of Canada during the period 1935–75, when, working with the … support for a relationship between monetary financing and inflation. The findings lend support to recent calls for explicit …

redistributionary channels amend the standard consumption response to monetary policy - an earnings heterogeneity channel, an inflation … obtain a representative euro area dataset with detailed information on household balance sheets and consumption. I use a … revised from the standard model - the redistribution channel with household heterogeneity makes up 14 percent of the total …