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 inequal...
Enlace original:
https://repositorio.cepal.org/handle/11362/44666
Kronick, Jeremy M.
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Villarreal, Francisco G.
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Distributional impacts of low for long interest rates