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...
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Format: | Electronic eBook |
Language: | English |
Published: |
[Washington, D.C.] :
[International Monetary Fund],
2012
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Series: | IMF working paper ;
WP/12/199. |
Subjects: | |
Local Note: | ProQuest Ebook Central |