We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary

We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary

This paper provides new evidence of the effect of monetary policy shocks on income inequality. Using a measure of unanticipated changes in policy rates for a pa

As central banks across the globe have responded to the COVID-19 shock by rounds of extensive monetary loosening, concerns about their inequality impact have gr