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Monetary policy and inequality

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  • Neryvia Pillay Bell

Abstract

South Africa is one of the most unequal countries in the world and this high level of inequality has persisted over time. While research has demonstrated that fiscal policy is generally progressive and contributes to reductions in inequality, see for example Inchauste et al. (2015) and Maboshe and Woolard (2018), the effect of monetary policy […]

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  • Neryvia Pillay Bell, 2020. "Monetary policy and inequality," Working Papers 208, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:208
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    Cited by:

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    2. Zimper, Alexander, 2016. "Banks versus markets. A response to Kucinskas," Economics Letters, Elsevier, vol. 147(C), pages 174-176.

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    More about this item

    Keywords

    central bank; Development Economics; inequality; Inflation; Inflation targeting; Monetary Policy; South Africa;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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