The Effects of Monetary Policy Shocks on Inequality /

This paper provides new evidence of the effect of monetary policy shocks on income inequality. Using a measure of unanticipated changes in policy rates for a panel of 32 advanced and emerging market countries over the period 1990-2013, the paper finds that contractionary (expansionary) monetary acti...

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Hlavní autor: Furceri, Davide
Další autoři: Loungani, Prakash, Zdzienicka, Aleksandra
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2016.
Edice:IMF Working Papers; Working Paper ; No. 2016/245
On-line přístup:Full text available on IMF