Taylor rules: Consequences for wealth and income inequality
Author
Abstract
Suggested Citation
DOI: 10.1016/j.jmacro.2023.103544
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Douglas Holtz-Eakin & David Joulfaian & Harvey S. Rosen, 1993.
"The Carnegie Conjecture: Some Empirical Evidence,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(2), pages 413-435.
- Douglas Holtz-Eakin & David Joulfaian & Harvey S. Rosen, 1992. "The Carnegie Conjecture: Some Empirical Evidence," NBER Working Papers 4118, National Bureau of Economic Research, Inc.
- Douglas Holtz-Eakin & David Joulfaian & Harvey S. Rosen, 1992. "The Carnegie Conjecture: Some Empirical Evidence," Working Papers 682, Princeton University, Department of Economics, Industrial Relations Section..
- Albanesi, Stefania, 2007.
"Inflation and inequality,"
Journal of Monetary Economics, Elsevier, vol. 54(4), pages 1088-1114, May.
- Stefania Albanesi, "undated". "Inflation and Inequality," Working Papers 199, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Stefania Albanesi, 2002. "Inflation and Inequality," Macroeconomics 0201002, University Library of Munich, Germany.
- Albanesi, Stefania, 2002. "Inflation and Inequality," CEPR Discussion Papers 3470, C.E.P.R. Discussion Papers.
- Stefania Albanesi, 2001. "Inflation and Inequality," LIS Working papers 323, LIS Cross-National Data Center in Luxembourg.
- Mumtaz, Haroon & Theophilopoulou, Angeliki, 2017.
"The impact of monetary policy on inequality in the UK. An empirical analysis,"
European Economic Review, Elsevier, vol. 98(C), pages 410-423.
- Haroon Mumtaz & Angeliki Theophilopoulou, 2016. "The Impact of Monetary Policy on Inequality in the UK. An Empirical Analysis," Working Papers 783, Queen Mary University of London, School of Economics and Finance.
- Julio J. Rotemberg & Michael Woodford, 1999.
"Interest Rate Rules in an Estimated Sticky Price Model,"
NBER Chapters, in: Monetary Policy Rules, pages 57-126,
National Bureau of Economic Research, Inc.
- Julio J. Rotemberg & Michael Woodford, 1998. "Interest-Rate Rules in an Estimated Sticky Price Model," NBER Working Papers 6618, National Bureau of Economic Research, Inc.
- Christina D. Romer & David Romer, 1999.
"Monetary policy and the well-being of the poor,"
Economic Review, Federal Reserve Bank of Kansas City, vol. 84(Q I), pages 21-49.
- Christina D. Romer & David Romer, 1998. "Monetary policy and the well-being of the poor," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 159-201.
- Christina D. Romer & David H. Romer, 1998. "Monetary Policy and the Well-Being of the Poor," NBER Working Papers 6793, National Bureau of Economic Research, Inc.
- Richard Clarida & Jordi Galí & Mark Gertler, 2000.
"Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 115(1), pages 147-180.
- Richard Clarida & Jordi Galí & Mark Gertler, 1997. "Monetary policy rules and macroeconomic stability: Evidence and some theory," Economics Working Papers 350, Department of Economics and Business, Universitat Pompeu Fabra, revised May 1999.
- Clarida, Richard & Galí, Jordi & Gertler, Mark, 1998. "Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory," CEPR Discussion Papers 1908, C.E.P.R. Discussion Papers.
- Richard Clarida & Jordi Gali & Mark Gertler, 1998. "Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory," NBER Working Papers 6442, National Bureau of Economic Research, Inc.
- Clarida, R. & Gali, J. & Gertler, M., 1998. "Monetary Policy Rules and Macroeconomic Stability: Evidence and some Theory," Working Papers 98-01, C.V. Starr Center for Applied Economics, New York University.
- Davide Furceri & Jun Ge & Prakash Loungani & Giovanni Melina, 2022.
"The distributional effects of government spending shocks in developing economies,"
Review of Development Economics, Wiley Blackwell, vol. 26(3), pages 1574-1599, August.
- Davide Furceri & Jun Ge & Mr. Prakash Loungani & Mr. Giovanni Melina, 2018. "The Distributional Effects of Government Spending Shocks in Developing Economies," IMF Working Papers 2018/057, International Monetary Fund.
- Cecilia García-Peñalosa & Elsa Orgiazzi, 2013.
"Factor Components of Inequality: A Cross-Country Study,"
Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 59(4), pages 689-727, December.
- Cecilia Garcia-Peñalosa & Elsa Orgiazzi, 2013. "Factor components of inequality: a cross-country study," Post-Print halshs-01101980, HAL.
- Cecilia García-Peñalosa & Elsa Orgiazzi, 2013. "Factor Components of Inequality: A Cross-Country Study," Working Papers halshs-00802825, HAL.
- Cecilia García-Peñalosa & Elsa Orgiazzi, 2013. "Factor Components of Inequality: A Cross-Country Study," AMSE Working Papers 1318, Aix-Marseille School of Economics, France.
- Havranek, Tomas & Horvath, Roman & Irsova, Zuzana & Rusnak, Marek, 2015.
"Cross-country heterogeneity in intertemporal substitution,"
Journal of International Economics, Elsevier, vol. 96(1), pages 100-118.
- Tomas Havranek & Roman Horvath & Zuzana Irsova & Marek Rusnak, 2013. "Cross-Country Heterogeneity in Intertemporal Substitution," Working Papers IES 2013/11, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Aug 2013.
- Tomas Havranek & Roman Horvath & Zuzana Irsova & Marek Rusnak, 2013. "Cross-Country Heterogeneity in Intertemporal Substitution," William Davidson Institute Working Papers Series wp1056, William Davidson Institute at the University of Michigan.
- Tomas Havranek & Roman Horvath & Zuzana Irsova & Marek Rusnak, 2014. "Cross-Country Heterogeneity in Intertemporal Substitution," Working Papers 2014/06, Czech National Bank.
- Edward Anderson & Maria Ana Jalles D'Orey & Maren Duvendack & Lucio Esposito, 2017. "Does Government Spending Affect Income Inequality? A Meta-Regression Analysis," Journal of Economic Surveys, Wiley Blackwell, vol. 31(4), pages 961-987, September.
- Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2018.
"Monetary Policy According to HANK,"
American Economic Review, American Economic Association, vol. 108(3), pages 697-743, March.
- Gianluca Violante & Benjamin Moll & Greg Kaplan, 2015. "Monetary Policy According to HANK," 2015 Meeting Papers 1507, Society for Economic Dynamics.
- Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2016. "Monetary Policy According to HANK," Working Papers 1602, Council on Economic Policies.
- Kaplan, Greg & Moll, Benjamin & Violante, Giovanni L., 2016. "Monetary policy according to HANK," Working Paper Series 1899, European Central Bank.
- Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2017. "Monetary Policy According to HANK," IMES Discussion Paper Series 17-E-04, Institute for Monetary and Economic Studies, Bank of Japan.
- Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2016. "Monetary Policy According to HANK," NBER Working Papers 21897, National Bureau of Economic Research, Inc.
- Violante, Giovanni & Kaplan, Greg & Moll, Benjamin, 2016. "Monetary Policy According to HANK," CEPR Discussion Papers 11068, C.E.P.R. Discussion Papers.
- Feenstra, Robert C., 1986. "Functional equivalence between liquidity costs and the utility of money," Journal of Monetary Economics, Elsevier, vol. 17(2), pages 271-291, March.
- Adrien Auclert, 2019.
"Monetary Policy and the Redistribution Channel,"
American Economic Review, American Economic Association, vol. 109(6), pages 2333-2367, June.
- Adrien Auclert, 2015. "Monetary Policy and the Redistribution Channel," 2015 Meeting Papers 381, Society for Economic Dynamics.
- Adrien Auclert, 2017. "Monetary Policy and the Redistribution Channel," NBER Working Papers 23451, National Bureau of Economic Research, Inc.
- Adrien Auclert, 2017. "Monetary Policy and the Redistribution Channel," Working Papers 1706, Council on Economic Policies.
- Benhabib, Jess & Schmitt-Grohe, Stephanie & Uribe, Martin, 2001.
"The Perils of Taylor Rules,"
Journal of Economic Theory, Elsevier, vol. 96(1-2), pages 40-69, January.
- Jess Benhabib & Stephanie Schmitt-Grohe & Martin Uribe, 1998. "The perils of Taylor Rules," Departmental Working Papers 199831, Rutgers University, Department of Economics.
- Benhabib, Jess & Schmitt-Grohé, Stephanie & Uribe, Martín, 1999. "The Perils of Taylor Rules," CEPR Discussion Papers 2314, C.E.P.R. Discussion Papers.
- Benhabib, Jess & Schmitt-Grohe, Stephanie & Uribe, Martin, 1998. "The Perils of Taylor Rules," Working Papers 98-37, C.V. Starr Center for Applied Economics, New York University.
- Matthias Doepke & Martin Schneider, 2006. "Inflation and the Redistribution of Nominal Wealth," Journal of Political Economy, University of Chicago Press, vol. 114(6), pages 1069-1097, December.
- Luca Agnello & Ricardo M. Sousa, 2014.
"How Does Fiscal Consolidation Impact on Income Inequality?,"
Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(4), pages 702-726, December.
- L, Agnello. & R, M. Sousa., 2012. "How does Fiscal Consolidation Impact on Income Inequality?," Working papers 382, Banque de France.
- Cecilia Garc√Ça-Pe√Ëalosa & Stephen J. Turnovsky, 2011.
"Taxation and Income Distribution Dynamics in a Neoclassical Growth Model,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(8), pages 1543-1577, December.
- Cecilia García‐Peñalosa & Stephen J. Turnovsky, 2011. "Taxation and Income Distribution Dynamics in a Neoclassical Growth Model," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(8), pages 1543-1577, December.
- Cecilia Garcìa-Peñalosa & Stephen J. Turnovsky, 2008. "Taxation and Income Distribution Dynamics in a Neoclassical Growth Model," Working Papers halshs-00341001, HAL.
- S. Rao Aiyagari, 1994.
"Uninsured Idiosyncratic Risk and Aggregate Saving,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(3), pages 659-684.
- S. Rao Aiyagari, 1993. "Uninsured idiosyncratic risk and aggregate saving," Working Papers 502, Federal Reserve Bank of Minneapolis.
- Lilia Maliar & Serguei Maliar, 2003.
"The Representative Consumer in the Neoclassical Growth Model with Idiosyncratic Shocks,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(2), pages 368-380, April.
- Lilia Maliar & Serguei Maliar, 2002. "The Representative Consumer In The Neoclassical Growth Model With Idiosyncratic Shocks," Working Papers. Serie AD 2002-20, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- Guerello, Chiara, 2018. "Conventional and unconventional monetary policy vs. households income distribution: An empirical analysis for the Euro Area," Journal of International Money and Finance, Elsevier, vol. 85(C), pages 187-214.
- Easterly, William & Fischer, Stanley, 2001.
"Inflation and the Poor,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 33(2), pages 160-178, May.
- Easterly, William & Fischer, Stanley, 2000. "Inflation and the poor," Policy Research Working Paper Series 2335, The World Bank.
- Klaus Adam & Junyi Zhu, 2016.
"Price-Level Changes And The Redistribution Of Nominal Wealth Across The Euro Area,"
Journal of the European Economic Association, European Economic Association, vol. 14(4), pages 871-906, August.
- Klaus Adam & Junyi Zhu, 2016. "Price-Level Changes and the Redistribution of Nominal Wealth across the Euro Area," Journal of the European Economic Association, European Economic Association, vol. 14(4), pages 871-906.
- Adam, Klaus & Zhu, Junyi, 2014. "Price level changes and the redistribution of nominal wealth across the Euro area," Working Papers 14-11, University of Mannheim, Department of Economics.
- Adam, Klaus & Zhu, Junyi, 2015. "Price level changes and the redistribution of nominal wealth across the euro area," Working Paper Series 1853, European Central Bank.
- Adam, Klaus & Zhu, Junyi, 2014. "Price Level Changes and the Redistribution of Nominal Wealth Across the Euro Area," EconStor Preprints 100005, ZBW - Leibniz Information Centre for Economics.
- Adam, Klaus & Zhu, Junyi, 2014. "Price Level Changes and the Redistribution of Nominal Wealth Across the Euro Area," CEPR Discussion Papers 9987, C.E.P.R. Discussion Papers.
- Adam, Klaus & Zhu, Junyi, 2016. "Price level changes and the redistribution of nominal wealth across the Euro area," Working Papers 14-11, University of Mannheim, Department of Economics.
- Klaus Adam & Junyi Zhu, 2015. "Price Level Changes and the Redistribution of Nominal Wealth Across the Euro Area," Working Papers 1501, Council on Economic Policies.
- Jin, Yi, 2009. "A Note On Inflation, Economic Growth, And Income Inequality," Macroeconomic Dynamics, Cambridge University Press, vol. 13(1), pages 138-147, February.
- Sorge, Marco M., 2021. "Stabilizing Taylor rules and determinacy under unit root supply shocks: A re-examination," Journal of Macroeconomics, Elsevier, vol. 68(C).
- Frank Smets & Rafael Wouters, 2007.
"Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach,"
American Economic Review, American Economic Association, vol. 97(3), pages 586-606, June.
- Smets, Frank & Wouters, Raf, 2007. "Shocks and frictions in US business cycles: a Bayesian DSGE approach," Working Paper Series 722, European Central Bank.
- Smets, Frank & Wouters, Rafael, 2007. "Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach," CEPR Discussion Papers 6112, C.E.P.R. Discussion Papers.
- Frank Smets & Raf Wouters, 2007. "Shocks and Frictions in US Business Cycles : a Bayesian DSGE Approach," Working Paper Research 109, National Bank of Belgium.
- Lucas, Robert E, Jr & Stokey, Nancy L, 1987.
"Money and Interest in a Cash-in-Advance Economy,"
Econometrica, Econometric Society, vol. 55(3), pages 491-513, May.
- Robert E. Lucas Jr. & Nancy L. Stokey, 1984. "Money and Interest in Cash-In-Advance Economy," Discussion Papers 628, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Robert E. Lucas, Jr. & Nancy L. Stokey, 1985. "Money and Interest in a Cash-in-Advance Economy," NBER Working Papers 1618, National Bureau of Economic Research, Inc.
- Atolia, Manoj & Chatterjee, Santanu & Turnovsky, Stephen J., 2012.
"Growth and inequality: Dependence on the time path of productivity increases (and other structural changes),"
Journal of Economic Dynamics and Control, Elsevier, vol. 36(3), pages 331-348.
- Manoj Atolia & Santanu Chatterjee & Stephen J. Turnovsky, 2009. "Growth and Inequality: Dependence of the Time Path of Productivity Increases (and other Structural Changes)," Working Papers wp2009_01_02, Department of Economics, Florida State University.
- Manoj Atolia & Santanu Chatterjee & Stephen Turnovsky, 2009. "Growth and Inequality: Dependence on the Time Path of Productivity Increases (and other Structural Changes)," Working Papers UWEC-2009-23, University of Washington, Department of Economics.
- Julio J. Rotemberg & Michael Woodford, 1997. "An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy," NBER Chapters, in: NBER Macroeconomics Annual 1997, Volume 12, pages 297-361, National Bureau of Economic Research, Inc.
- Stephanie Schmitt-Grohe & Jess Benhabib & Martin Uribe, 2001.
"Monetary Policy and Multiple Equilibria,"
American Economic Review, American Economic Association, vol. 91(1), pages 167-186, March.
- Jess Benhabib & Stephanie Schmitt-Grohe & Martin Uribe, 1998. "Monetary policy and multiple equilibria," Finance and Economics Discussion Series 1998-29, Board of Governors of the Federal Reserve System (U.S.).
- Jess Benhabib & Stephanie Schmitt-Grohe & Martin Uribe, 1999. "Monetary Policy and Multiple Equilibria," Departmental Working Papers 199914, Rutgers University, Department of Economics.
- Benhabib, Jess & Schmitt-Grohé, Stephanie & Uribe, Martín, 1999. "Monetary Policy and Multiple Equilibria," CEPR Discussion Papers 2316, C.E.P.R. Discussion Papers.
- Benhabib, J. & Schmitt-Grohe, S. & Uribe, M., 1998. "Monetary Policy and Multiple Equilibria," Working Papers 98-02, C.V. Starr Center for Applied Economics, New York University.
- repec:zbw:bofrdp:2001_018 is not listed on IDEAS
- Guvenen, Fatih, 2006.
"Reconciling conflicting evidence on the elasticity of intertemporal substitution: A macroeconomic perspective,"
Journal of Monetary Economics, Elsevier, vol. 53(7), pages 1451-1472, October.
- M. Fatih Guvenen, 2002. "Reconciling Conflicting Evidence on the Elasticity of Intertemporal Substitution: A Macroeconomic Perspective," RCER Working Papers 491, University of Rochester - Center for Economic Research (RCER), revised Mar 2003.
- Fatih Guvenen, 2005. "Reconciling Conflicting Evidence on the Elasticity of Intertemporal Substitution: A Macroeconomic Perspective," Macroeconomics 0507005, University Library of Munich, Germany.
- Hohberger, Stefan & Priftis, Romanos & Vogel, Lukas, 2020.
"The distributional effects of conventional monetary policy and quantitative easing: Evidence from an estimated DSGE model,"
Journal of Banking & Finance, Elsevier, vol. 113(C).
- Hohberger, Stefan & Priftis, Romanos & Vogel, Lukas, 2018. "The distributional effects of conventional monetary policy and quantitative easing: Evidence from an estimated DSGE model," JRC Working Papers in Economics and Finance 2018-12, Joint Research Centre, European Commission.
- Stefan Hohberger & Romanos Priftis & Lukas Vogel, 2019. "The Distributional Effects of Conventional Monetary Policy and Quantitative Easing: Evidence from an Estimated DSGE Model," Staff Working Papers 19-6, Bank of Canada.
- Chatterjee, Satyajit, 1994. "Transitional dynamics and the distribution of wealth in a neoclassical growth model," Journal of Public Economics, Elsevier, vol. 54(1), pages 97-119, May.
- Yao, Fang, 2014. "Stabilising Taylor rules when the supply shock has a unit root," Journal of Macroeconomics, Elsevier, vol. 41(C), pages 16-20.
- Coibion, Olivier & Gorodnichenko, Yuriy & Kueng, Lorenz & Silvia, John, 2017. "Innocent Bystanders? Monetary policy and inequality," Journal of Monetary Economics, Elsevier, vol. 88(C), pages 70-89.
- Dupor, Bill, 2001.
"Investment and Interest Rate Policy,"
Journal of Economic Theory, Elsevier, vol. 98(1), pages 85-113, May.
- Bill Dupor, 2000. "Investment and Interest Rate Policy," Econometric Society World Congress 2000 Contributed Papers 0007, Econometric Society.
- Erosa, Andres & Ventura, Gustavo, 2002.
"On inflation as a regressive consumption tax,"
Journal of Monetary Economics, Elsevier, vol. 49(4), pages 761-795, May.
- Andrés Erosa & Gustavo Ventura, 2000. "On Inflation as a Regressive Consumption Tax," University of Western Ontario, Departmental Research Report Series 20001, University of Western Ontario, Department of Economics.
- Pedro R.D. Bom & Jenny E. Ligthart, 2014. "What Have We Learned From Three Decades Of Research On The Productivity Of Public Capital?," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 889-916, December.
- Jaume Ventura & Francesco Caselli, 2000.
"A Representative Consumer Theory of Distribution,"
American Economic Review, American Economic Association, vol. 90(4), pages 909-926, September.
- Caselli, F. & Ventura, J., 1996. "A Representative Consumer Theory of Distribution," Working papers 96-11, Massachusetts Institute of Technology (MIT), Department of Economics.
- Caselli, G & Ventura, J, 1996. "A Representative Consumer Theory of Distribution," Papers 534, Harvard - Institute for International Development.
- Angela Huang & Dimitri Margaritis & David Mayes, 2001.
"Monetary Policy Rules in Practice: Evidence from New Zealand,"
Multinational Finance Journal, Multinational Finance Journal, vol. 5(3), pages 175-200, September.
- Huang, Angela & Margaritis, Dimitri & Mayes, David, 2001. "Monetary policy rules in practice: Evidence from New Zealand," Bank of Finland Research Discussion Papers 18/2001, Bank of Finland.
- García-Peñalosa, Cecilia & Turnovsky, Stephen J., 2015.
"Income Inequality, Mobility, And The Accumulation Of Capital,"
Macroeconomic Dynamics, Cambridge University Press, vol. 19(6), pages 1332-1357, September.
- Cecilia Garcia-Peñalosa & Stephen Turnovsky, 2013. "Income Inequality, Mobility and the Accumulation of Capital," CESifo Working Paper Series 4559, CESifo.
- Cecilia García-Peñalosa & Stephen J. Turnovsky, 2015. "Income Inequality, Mobility, and the Accumulation of Capital," Post-Print hal-01456128, HAL.
- Bewley, Truman, 1977. "The permanent income hypothesis: A theoretical formulation," Journal of Economic Theory, Elsevier, vol. 16(2), pages 252-292, December.
- Qinglai Meng & Chong Yip, 2004.
"Investment, interest rate rules, and equilibrium determinacy,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 23(4), pages 863-878, May.
- Qinglai Meng & Chong K. Yip, 2002. "Investment, Interest Rate Rules, and Equilibrium Determinacy," Departmental Working Papers _138, Chinese University of Hong Kong, Department of Economics.
- MaCurdy, Thomas E, 1981. "An Empirical Model of Labor Supply in a Life-Cycle Setting," Journal of Political Economy, University of Chicago Press, vol. 89(6), pages 1059-1085, December.
- Carvalho, Carlos & Nechio, Fernanda & Tristão, Tiago, 2021.
"Taylor rule estimation by OLS,"
Journal of Monetary Economics, Elsevier, vol. 124(C), pages 140-154.
- Carlos Carvalho & Fernanda Nechio & Tiago Tristao, 2021. "Taylor Rule Estimation by OLS," Working Paper Series 2018-11, Federal Reserve Bank of San Francisco.
- Meh, Césaire A. & Ríos-Rull, José-Víctor & Terajima, Yaz, 2010.
"Aggregate and welfare effects of redistribution of wealth under inflation and price-level targeting,"
Journal of Monetary Economics, Elsevier, vol. 57(6), pages 637-652, September.
- Césaire Meh & José-Víctor Ríos-Rull & Yaz Terajima, 2008. "Aggregate and Welfare Effects of Redistribution of Wealth Under Inflation and Price-Level Targeting," Staff Working Papers 08-31, Bank of Canada.
- Yaz Terajima & Jose-Victor Rios-Rull & Cesaire Meh, 2008. "Aggregate and Welfare Effects of Redistribution of Wealth Under Inflation and Price-Level Targeting," 2008 Meeting Papers 381, Society for Economic Dynamics.
- Matusche, Alexander & Wacks, Johannes, 2023. "Does wealth inequality affect the transmission of monetary policy?," Journal of Macroeconomics, Elsevier, vol. 75(C).
- Masayuki Inui & Nao Sudo & Tomoaki Yamada, 2017.
"The effects of monetary policy shocks on inequality in Japan,"
BIS Working Papers
642, Bank for International Settlements.
- Masayuki Inui & Nao Sudo & Tomoaki Yamada, 2017. "Effects of Monetary Policy Shocks on Inequality in Japan," Bank of Japan Working Paper Series 17-E-3, Bank of Japan.
- Andrea Colciago & Anna Samarina & Jakob de Haan, 2019. "Central Bank Policies And Income And Wealth Inequality: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 33(4), pages 1199-1231, September.
- Yoichi Gokan & Stephen J. Turnovsky, 2021. "Wealth and income inequality in a monetary economy," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 9(2), pages 225-245, October.
- Per Krusell & Anthony A. Smith & Jr., 1998.
"Income and Wealth Heterogeneity in the Macroeconomy,"
Journal of Political Economy, University of Chicago Press, vol. 106(5), pages 867-896, October.
- Per Krusell & Anthony A. Smith, Jr., "undated". "Income and Wealth Heterogeneity in the Macroeconomy," GSIA Working Papers 1997-37, Carnegie Mellon University, Tepper School of Business.
- Krusell, P & Smith Jr, A-A, 1995. "Income and Wealth Heterogeneity in the Macroeconomic," RCER Working Papers 399, University of Rochester - Center for Economic Research (RCER).
- Taylor, John B., 1993. "Discretion versus policy rules in practice," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 39(1), pages 195-214, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Andrea Colciago & Anna Samarina & Jakob de Haan, 2019.
"Central Bank Policies And Income And Wealth Inequality: A Survey,"
Journal of Economic Surveys, Wiley Blackwell, vol. 33(4), pages 1199-1231, September.
- Andrea Colciago & Anna Samarina & Jakob de Haan, 2018. "Central bank policies and income and wealth inequality: A survey," DNB Working Papers 594, Netherlands Central Bank, Research Department.
- Feld, Lars P. & Schmidt, Christoph M. & Schnabel, Isabel & Truger, Achim & Wieland, Volker, 2019. "Den Strukturwandel meistern. Jahresgutachten 2019/20 [Dealing with Structural Change. Annual Report 2019/20]," Annual Economic Reports / Jahresgutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, volume 127, number 201920, September.
- Yoichi Gokan & Stephen J. Turnovsky, 2021. "Wealth and income inequality in a monetary economy," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 9(2), pages 225-245, October.
- Pavel Vikharev & Anna Novak & Andrei Shulgin, 2023. "Inequality and monetary policy: THRANK model," Bank of Russia Working Paper Series wps113, Bank of Russia.
- Johnson Worlanyo Ahiadorme, 2022.
"Monetary policy transmission and income inequality in Sub-Saharan Africa,"
Economic Change and Restructuring, Springer, vol. 55(3), pages 1555-1585, August.
- Ahiadorme, Johnson Worlanyo, 2020. "Monetary policy transmission and income inequality in Sub-Saharan Africa," MPRA Paper 104084, University Library of Munich, Germany.
- Anastasios Evgenidis & Apostolos Fasianos, 2021.
"Unconventional Monetary Policy and Wealth Inequalities in Great Britain,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 83(1), pages 115-175, February.
- Fasianos, Apostolos & Evgenidis, Anastasios, 2020. "Unconventional Monetary Policy and Wealth Inequalities in Great Britain," CEPR Discussion Papers 14656, C.E.P.R. Discussion Papers.
- Anastasios Evgenidis & Apostolos Fasianos, 2019. "Monetary Policy and Wealth Inequalities in Great Britain: Assessing the role of unconventional policies for a decade of household data," Papers 1912.09702, arXiv.org.
- Kim, Dong-Hyeon & Lin, Shu-Chin, 2023. "Income inequality, inflation and financial development," Journal of Empirical Finance, Elsevier, vol. 72(C), pages 468-487.
- Marcin Bielecki & Michał Brzoza-Brzezina & Marcin Kolasa, 2022.
"Intergenerational Redistributive Effects of Monetary Policy [Price-Level Changes and the Redistribution of Nominal Wealth Across the Euro Area],"
Journal of the European Economic Association, European Economic Association, vol. 20(2), pages 549-580.
- Marcin Bielecki & Michał Brzoza-Brzezina & Marcin Kolasa, 2021. "Intergenerational redistributive effects of monetary policy," KAE Working Papers 2021-064, Warsaw School of Economics, Collegium of Economic Analysis.
- Marcin Bielecki & Michał Brzoza-Brzezina & Marcin Kolasa, 2021. "Intergenerational redistributive effects of monetary policy," Working Papers 2021-03, Faculty of Economic Sciences, University of Warsaw.
- Mehdi El Herradi & Jakob Haan & Aurélien Leroy, 2023.
"Inflation and the Income Share of the Rich: Evidence for 14 OECD Countries,"
Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 69(1), pages 170-194, March.
- Mehdi El Herradi & Jakob de Haan & Aurelien Leroy, 2021. "Inflation and the Income Share of the Rich: Evidence for 14 OECD Countries," Working Papers 570, ECINEQ, Society for the Study of Economic Inequality.
- Mehdi El Herradi & Jakob Haan & Aurélien Leroy, 2023. "Inflation and the Income Share of the Rich: Evidence for 14 OECD Countries," Post-Print hal-03613019, HAL.
- Mehdi El Herradi & Jakob Haan & Aurélien Leroy, 2022. "Inflation and the Income Share of the Rich: Evidence for 14 OECD Countries," Post-Print hal-03604673, HAL.
- Dhital, Saroj & Jiang, Senyuan & Reese, Jillian, 2023. "Effects of monetary and government spending policy on economic inequality," Journal of Macroeconomics, Elsevier, vol. 77(C).
- Marcin Bielecki & Michał Brzoza-Brzezina & Marcin Kolasa, 2020. "Distributional consequences of conventional and unconventional monetary policy," NBP Working Papers 327, Narodowy Bank Polski.
- Natalia MartÃn Fuentes & Elena Bárcena MartÃn & Salvador Pérez Moreno, "undated". "Who takes the cake? The heterogeneous effect of ECB accommodative monetary policy across income classes," Working Papers 657, ECINEQ, Society for the Study of Economic Inequality.
- Ampudia, Miguel & Ehrmann, Michael & Strasser, Georg, 2023.
"The effect of monetary policy on inflation heterogeneity along the income distribution,"
Working Paper Series
2858, European Central Bank.
- Ampudia, Miguel & Ehrmann, Michael & Strasser, Georg, 2023. "The effect of monetary policy on inflation heterogeneity along the income distribution," CEPR Discussion Papers 18460, C.E.P.R. Discussion Papers.
- Miguel Ampudia & Michael Ehrmann & Georg Strasser, 2023. "The effect of monetary policy on inflation heterogeneity along the income distribution," BIS Working Papers 1124, Bank for International Settlements.
- Adrien Auclert, 2019.
"Monetary Policy and the Redistribution Channel,"
American Economic Review, American Economic Association, vol. 109(6), pages 2333-2367, June.
- Adrien Auclert, 2015. "Monetary Policy and the Redistribution Channel," 2015 Meeting Papers 381, Society for Economic Dynamics.
- Adrien Auclert, 2017. "Monetary Policy and the Redistribution Channel," NBER Working Papers 23451, National Bureau of Economic Research, Inc.
- Adrien Auclert, 2017. "Monetary Policy and the Redistribution Channel," Working Papers 1706, Council on Economic Policies.
- Jérôme Creel & Mehdi El Herradi, 2024.
"Income inequality and monetary policy in the euro area,"
International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(1), pages 332-355, January.
- Jérôme Creel & Mehdi El Herradi, 2020. "Income inequality and monetary policy in the Euro Area," SciencePo Working papers Main hal-03389183, HAL.
- Jérôme Creel & Mehdi El Herradi, 2020. "Income inequality and monetary policy in the Euro Area," Working Papers hal-03389183, HAL.
- Anna Samarina & Anh D.M. Nguyen, 2024.
"Does Monetary Policy Affect Income Inequality in the Euro Area?,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(1), pages 35-80, February.
- Anna Samarina & Anh D.M. Nguyen, 2019. "Does monetary policy affect income inequality in the euro area?," Bank of Lithuania Working Paper Series 61, Bank of Lithuania.
- Nils M. Gornemann & Keith Kuester & Makoto Nakajima, 2016.
"Doves for the Rich, Hawks for the Poor? Distributional Consequences of Monetary Policy,"
International Finance Discussion Papers
1167, Board of Governors of the Federal Reserve System (U.S.).
- Kuester, Keith & Gornemann, Nils & Nakajima, Makoto, 2016. "Doves for the Rich, Hawks for the Poor? Distributional Consequences of Monetary Policy," CEPR Discussion Papers 11233, C.E.P.R. Discussion Papers.
- Coibion, Olivier & Gorodnichenko, Yuriy & Kueng, Lorenz & Silvia, John, 2017. "Innocent Bystanders? Monetary policy and inequality," Journal of Monetary Economics, Elsevier, vol. 88(C), pages 70-89.
- Merrino, Serena, 2022. "Monetary policy and wage inequality in South Africa," Emerging Markets Review, Elsevier, vol. 53(C).
More about this item
Keywords
Taylor rules; Government expenditure; Wealth and income inequality;All these keywords.
JEL classification:
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jmacro:v:77:y:2023:i:c:s0164070423000447. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622617 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.