which key variables affecting household income and wealth are included, such as the unemployment rate, wages, interest rates …This paper studies the effects of quantitative easing on income and wealth of individual euro area households. The …-form simulation on micro data from the Household Finance and Consumption Survey, capturing the income composition, the portfolio …

affects income and wealth inequality. We then illustrate quantitatively how various channels of transmission - net interest … composition of their income and on the components of their wealth. We first review the existing evidence on how monetary policy … rate exposure, intertemporal substitution and indirect income channels - affect individual euro area households. We find …

which key variables affecting household income and wealth are included, such as the unemployment rate, wages, interest rates …This paper studies the effects of quantitative easing on income and wealth of individual euro area households. The …-form simulation on micro data from the Household Finance and Consumption Survey, capturing the income composition, the portfolio …

the real economy, I find that the asset purchase shock has significant effects on consumer and professional expectations …

We use detailed micro information at household level from the Wealth and Assets Survey to construct measures of wealth … evolution of wealth inequality measures. Our findings suggest that expansionary monetary policy shocks lead to an increase in … wealth inequality and contributed significantly to its fluctuations. This effect is heterogenous across the wealth …

wealth and income inequality, as measured by the Gini index. Surprisingly, QE has weaker distributional consequences compared …This paper studies how quantitative easing (QE) affects household welfare across the wealth distribution. I build a … inequality within the lower 90 percent of the wealth distribution, primarily by lowering unemployment. On net, it reduced overall …

sign restrictions. The results reveal that both a policy interest rate shock and a balance sheet shock have a positive and … temporary impact on house prices in Finland, with the response to a balance sheet shock being smaller and fading out faster. The … peak of the effect of a policy rate shock on house prices in Finland arrives faster than in the whole euro area but the …

We estimate the dynamic effects of a high-frequency identified unionwide quantitative easing (QE) shock on real GDP …