Distributional Considerations for Monetary Policy Strategy
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DOI: 10.17016/FEDS.2020.073
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More about this item
Keywords
Heterogeneous agent New Keynesian model; Representative agent New Keynesian model; Effective lower bound; Inequality; Hand to mouth; Average inflation targeting; Price-level targeting;JEL classification:
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2020-09-28 (Central Banking)
- NEP-DGE-2020-09-28 (Dynamic General Equilibrium)
- NEP-MAC-2020-09-28 (Macroeconomics)
- NEP-MON-2020-09-28 (Monetary Economics)
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