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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Furceri, Davide
Weitere Verfasser: Loungani, Prakash, Zdzienicka, Aleksandra
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2016.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2016/245
Online Zugang:Full text available on IMF