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...

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Dettagli Bibliografici
Autore principale: Hansen, Niels-Jakob
Altri autori: Lin, Alessandro, Mano, Rui
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2020.
Serie:IMF Working Papers; Working Paper ; No. 2020/196
Accesso online:Full text available on IMF