Download the fantastic book titled Innocent Bystanders Monetary Policy and Inequality in the U S written by Mr.Olivier Coibion, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "Innocent Bystanders Monetary Policy and Inequality in the U S ", which was released on 01 August 2012. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Business & Economics genre.
Summary of Innocent Bystanders Monetary Policy and Inequality in the U S by Mr.Olivier Coibion PDF
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. Furthermore, monetary shocks can account for a significant component of the historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we document the different channels via which monetary policy shocks affect inequality, as well as how these channels depend on the nature of the change in monetary policy.
Detail About Innocent Bystanders Monetary Policy and Inequality in the U S PDF
- Author : Mr.Olivier Coibion
- Publisher : International Monetary Fund
- Genre : Business & Economics
- Total Pages : 57 pages
- ISBN : 1475505493
- Release Date : 01 August 2012
- PDF File Size : 39,7 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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