Should Inequality Factor into Central Banks' Decisions? /

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 i...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Hansen, Niels-Jakob
Weitere Verfasser: Lin, Alessandro, Mano, Rui
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2020.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2020/196
Online Zugang:Full text available on IMF