Does Unconventional Monetary Policy Affect Inequality? Evidence from Japan
Ayako Saiki and
Jon Frost | 17 October 2014
Monetary,
Working Papers | Tags:
Inequality,
QE Inequality has been largely ignored in the literature and practice of monetary policy, but is gaining more attention recently. Here, we exclusively focus on the impact of unconventional monetary policy (UMP) on inequality. We look at how the recent UMP in Japan affected inequality, using
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Monetary Policy and Sustainability
16-20 June, 2014 Conferences,
Monetary | Tags:
Inequality,
QE,
Resource Security Monetary policy has wide ranging effects on the economy and society as a whole. The actions taken by central banks with regard to interest rate levels, inflation targets, and exchange rates are key factors in investment decisions and play a significant role in the distribution
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Does Inflation Really Hurt the Poor More than the Rich?
Pierre Monnin | 26 May 2014
Blog,
Monetary | Tags:
Inequality,
Inflation After being neglected for decades, income and wealth inequality are back at the center of economic discussions. Recent work by the IMF, renowned economists like Joseph Stiglitz (e.g. in his book “The Price of Inequality”), as well as the lively debate generated by Thomas Piketty’s
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Inflation and Income Inequality in Developed Economies
Pierre Monnin | 15 May 2014
Monetary,
Working Papers | Tags:
Inequality,
Inflation This paper explores the empirical link between income inequality and inflation in ten OECD countries over the period 1971 to 2010. In addition to inflation, we include six control variables
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Monetary Policy and Resource Security
22-24 April, 2014 Monetary,
Workshops | Tags:
Commodities,
Energy,
Resource Security Resource security – the capacity to meet current and future demand for food, water, land, energy and minerals – has been a key concern for policymakers for a long time. As global consumption levels rise, debates on how to safeguard natural capital are moving up
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