Innocent bystanders?: monetary policy and inequality in the U.S.
Gespeichert in:
Format: | Elektronisch E-Book |
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Sprache: | English |
Veröffentlicht: |
[Washington, D.C.]
[International Monetary Fund]
©2012
|
Schriftenreihe: | IMF working paper
WP/12/199 |
Schlagworte: | |
Online-Zugang: | FAW01 FAW02 FLA01 |
Beschreibung: | Title from PDF title page (IMF Web site, viewed Aug. 9, 2012). - "Research Department.". - "August 2012." Includes bibliographical references (pages 33-35) "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"--Page [1] |
Beschreibung: | 57 pages |
ISBN: | 1475583842 9781475583847 |
Internformat
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245 | 1 | 0 | |a Innocent bystanders? |b monetary policy and inequality in the U.S. |c Olivier Coibion [and others] |
264 | 1 | |a [Washington, D.C.] |b [International Monetary Fund] |c ©2012 | |
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490 | 0 | |a IMF working paper |v WP/12/199 | |
500 | |a Title from PDF title page (IMF Web site, viewed Aug. 9, 2012). - "Research Department.". - "August 2012." | ||
500 | |a Includes bibliographical references (pages 33-35) | ||
500 | |a "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"--Page [1] | ||
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isbn | 1475583842 9781475583847 |
language | English |
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spelling | Innocent bystanders? monetary policy and inequality in the U.S. Olivier Coibion [and others] [Washington, D.C.] [International Monetary Fund] ©2012 57 pages txt rdacontent c rdamedia cr rdacarrier IMF working paper WP/12/199 Title from PDF title page (IMF Web site, viewed Aug. 9, 2012). - "Research Department.". - "August 2012." Includes bibliographical references (pages 33-35) "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"--Page [1] Geschichte 1900-2000 BUSINESS & ECONOMICS / Finance bisacsh Gesellschaft Wirtschaft Ökonometrisches Modell Monetary policy Social aspects United States 21st century Econometric models Monetary policy Social aspects United States 20th century Econometric models Income distribution United States 21st century Econometric models Income distribution United States 20th century Econometric models USA Coibion, Olivier Sonstige oth International Monetary FundXXbResearch Department Sonstige oth |
spellingShingle | Innocent bystanders? monetary policy and inequality in the U.S. BUSINESS & ECONOMICS / Finance bisacsh Gesellschaft Wirtschaft Ökonometrisches Modell Monetary policy Social aspects United States 21st century Econometric models Monetary policy Social aspects United States 20th century Econometric models Income distribution United States 21st century Econometric models Income distribution United States 20th century Econometric models |
title | Innocent bystanders? monetary policy and inequality in the U.S. |
title_auth | Innocent bystanders? monetary policy and inequality in the U.S. |
title_exact_search | Innocent bystanders? monetary policy and inequality in the U.S. |
title_full | Innocent bystanders? monetary policy and inequality in the U.S. Olivier Coibion [and others] |
title_fullStr | Innocent bystanders? monetary policy and inequality in the U.S. Olivier Coibion [and others] |
title_full_unstemmed | Innocent bystanders? monetary policy and inequality in the U.S. Olivier Coibion [and others] |
title_short | Innocent bystanders? |
title_sort | innocent bystanders monetary policy and inequality in the u s |
title_sub | monetary policy and inequality in the U.S. |
topic | BUSINESS & ECONOMICS / Finance bisacsh Gesellschaft Wirtschaft Ökonometrisches Modell Monetary policy Social aspects United States 21st century Econometric models Monetary policy Social aspects United States 20th century Econometric models Income distribution United States 21st century Econometric models Income distribution United States 20th century Econometric models |
topic_facet | BUSINESS & ECONOMICS / Finance Gesellschaft Wirtschaft Ökonometrisches Modell Monetary policy Social aspects United States 21st century Econometric models Monetary policy Social aspects United States 20th century Econometric models Income distribution United States 21st century Econometric models Income distribution United States 20th century Econometric models USA |
work_keys_str_mv | AT coibionolivier innocentbystandersmonetarypolicyandinequalityintheus AT internationalmonetaryfundxxbresearchdepartment innocentbystandersmonetarypolicyandinequalityintheus |