Computational evidence on the distributive properties of monetary policy
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DOI: 10.5018/economics-ejournal.ja.2018-62
Abstract: Abstract Empirical studies have pointed out that monetary policy may significantly affect income and wealth inequality. To investigate the distributive properties of monetary policy the authors resort to an agent-based macroeconomic model where firms, households… read more here.
Keywords: computational evidence; policy; monetary policy; properties monetary ... See more keywords