Innocent bystanders? : monetary policy and inequality in the U.S. /

"We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total income, consumption and total expenditures. Furthe...

Full description

Saved in:
Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Author: Coibion, Olivier (Author)
Corporate Author: International Monetary Fund. Research Department
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : [International Monetary Fund], 2012
Series:IMF working paper ; WP/12/199.
Subjects:
Local Note:ProQuest Ebook Central