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fiscal rules are magnified by conservative monetary policies focused on inflation stabilisation only. Finally, the effects of … monetary and fiscal policies become sharper as the level of income inequality increases. …
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, concerns about their inequality impact have grown. But rising inequality has multiple causes and its relationship with monetary …
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Our paper picks up the current controversial debate about increasing (income) inequality due to recent monetary policy … policy regime. We choose the U.S., Canada and Norway. While all economies experience an increase in Gini coefficients of … market income in the presence of an expansionary monetary policy shock, only the U.S. and Canada show a significant response …
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As suggested by recent empirical evidence, one of the causes behind the widespread rise of inequality experienced by … wealth inequality. However, the authors also find that this effect is diminished by tight monetary policy and low credit …
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Empirical studies have pointed out that monetary policy may significantly affect income and wealth inequality. To … monetary policy increases inequality, even though this effect may differ across groups of households. This may put into …
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Empirical studies have pointed out that monetary policy may significantly affect income and wealth inequality. To … monetary policy increases inequality, even though this effect may differ across groups of households. In addition, it appears … to be attenuated if the bank’s willingness to lend is lower. The overall analysis suggests that inequality can constitute …
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