자료유형 | 단행본 |
---|---|
서명/저자사항 | Innocent bystanders? : monetary policy and inequality in the U.S./ Olivier Coibion [and others]. |
개인저자 | Coibion, Olivier,author, |
단체저자명 | International Monetary Fund. Research Department. |
발행사항 | [Washington, D.C.]: [International Monetary Fund], ?012. |
형태사항 | 1 online resource (57 pages): charts. |
총서사항 | IMF working paper;WP/12/199 |
ISBN | 1475583842 9781475583847 |
일반주기 |
Title from PDF title page (IMF Web site, viewed Aug. 9, 2012).
"Research Department." "August 2012." |
서지주기 | Includes bibliographical references (pages 33-35). |
요약 | "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]. |
일반주제명 | 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. BUSINESS & ECONOMICS --Finance. |
언어 | 영어 |
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