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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Dettagli Bibliografici
Autore principale: Furceri, Davide
Altri autori: Loungani, Prakash, Zdzienicka, Aleksandra
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2016.
Serie:IMF Working Papers; Working Paper ; No. 2016/245
Accesso online:Full text available on IMF