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Monetary policy decision-making: how are household and firm heterogeneity incorporated?

In: How can central banks take account of differences across households and firms for monetary policy?

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  • Hong Kong Monetary Authority

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  • Hong Kong Monetary Authority, 2025. "Monetary policy decision-making: how are household and firm heterogeneity incorporated?," BIS Papers chapters, in: Bank for International Settlements (ed.), How can central banks take account of differences across households and firms for monetary policy?, volume 127, pages 121-130, Bank for International Settlements.
    • Handle: RePEc:bis:bisbpc:157-07
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    File URL: https://www.bis.org/publ/bppdf/bispap157_g.pdf
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    References listed on IDEAS

    as
    1. Joanne Cutler, 2004. "The Relationship between Consumption, Income and Wealth in Hong Kong," Working Papers 012004, Hong Kong Institute for Monetary Research.
    2. Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2018. "Monetary Policy According to HANK," American Economic Review, American Economic Association, vol. 108(3), pages 697-743, March.
    3. Joshua Aizenman & Yin-Wong Cheung & Hiro Ito, 2019. "The Interest Rate Effect on Private Saving: Alternative Perspectives," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 10(01), pages 1-37, February.
    4. James Cloyne & Clodomiro Ferreira & Paolo Surico, 2020. "Monetary Policy when Households have Debt: New Evidence on the Transmission Mechanism," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(1), pages 102-129.
    5. Joanne Cutler, 2004. "The Relationship between Consumption, Income and Wealth in Hong Kong," Macroeconomics 0403013, University Library of Munich, Germany.
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