Intergenerational Redistributive Effects of Monetary Policy
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DOI: 10.1093/jeea/jvab032
Abstract: This paper investigates the distributional consequences of monetary policy across generations. We use a life-cycle model with a rich asset structure as well as nominal and real rigidities, calibrated to the euro area using both… read more here.
Keywords: effects monetary; monetary policy; intergenerational redistributive; policy ... See more keywords