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|z 9781513557649
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|a 1018-5941
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|a Hansen, Niels-Jakob.
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|a Should Inequality Factor into Central Banks' Decisions? /
|c Niels-Jakob Hansen, Alessandro Lin, Rui Mano.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2020.
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|a 1 online resource (39 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Inequality is increasingly a concern. Fiscal and structural policies are well-understood mitigators. However, less is known about the potential role of monetary policy. This paper investigates how inequality matters for monetary policy within a tractable Two-Agent New Keynesian model that captures important dimensions of inequality. We find some support for making inequality an explicit target for monetary policy, particularly if central banks follow standard Taylor rules.
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| 538 |
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|a Mode of access: Internet
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|a Lin, Alessandro.
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|a Mano, Rui.
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|a IMF Working Papers; Working Paper ;
|v No. 2020/196
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2020/196/001.2020.issue-196-en.xml
|z IMF e-Library
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