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...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Hansen, Niels-Jakob
Övriga upphovsmän: Lin, Alessandro, Mano, Rui
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2020.
Serie:IMF Working Papers; Working Paper ; No. 2020/196
Länkar:Full text available on IMF