Distributional impacts of low for long interest rates

This paper asks whether tepid inflation in Canada since the financial crisis can in part be explained by the effects of monetary policy on inequality. Using different structural vector autoregression models we show that expansionary monetary policy post-crisis has offset otherwise falling inequality...

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Detalles Bibliográficos
Autores principales: Kronick, Jeremy M., Villarreal, Francisco G.
Formato: Texto
Idioma:English
Publicado: CEPAL 2019-07-18
Materias:
Acceso en línea:http://hdl.handle.net/11362/44666