Monetary Policy and the Redistribution Channel
收藏NBER2017-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23451
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资源简介：
This paper evaluates the role of redistribution in the transmission mechanism of monetary policy to consumption. Three channels affect aggregate spending when winners and losers have different marginal propensities to consume: an earnings heterogeneity channel from unequal income gains, a Fisher
提供机构：
美国国家经济研究局
创建时间：
2017-05-01
