Heterogeneity and monetary policy : a thematic review

by Felipe Alves, Christian Bustamante, Xing Guo, Katya Kartashova, Soyoung Lee, Thomas Pugh, Kurt See, Yaz Terajima and Alexander Ueberfeldt

The heterogeneity of businesses and households impacts aggregate economic fluctuations and, in turn, is shaped by aggregate fluctuations. This view has emerged over the last decade with strong implications for the transmission and conduct of monetary policy. Our thematic review focuses on key aspects of this new theory as well as its underlying assumptions. We place the insights in a Canadian context using relevant microeconomic and macroeconomic data.

MoreLess

Year of publication:	[2022]
Authors:	Alves, Felipe ; Bustamante, Christian ; Guo, Xing ; Kartashova, Katya ; Lee, Soyoung ; Pugh, Thomas ; See, Kurt ; Terajima, Yaz ; Ueberfeldt, Alexander
Publisher:	Ottawa, Ontario, Canada : Bank of Canada
Subject:	Economic models \| Monetary policy transmission \| Monetary policy and uncertainty \| Geldpolitik \| Monetary policy \| Geldpolitische Transmission \| Monetary transmission \| Theorie \| Theory

freely available

Full text |

More access options

www.bankofcanada.ca

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (circa 32 Seiten) Illustrationen
Series:	Staff discussion paper. - Ottawa : [Verlag nicht ermittelbar], ISSN 1914-0568, ZDB-ID 2437267-5. - Vol. 2022, 2
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/251032 [Handle]
Classification:	D31 - Personal Income, Wealth and Their Distributions ; E24 - Employment; Unemployment; Wages ; E50 - Monetary Policy, Central Banking and the Supply of Money and Credit. General ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; d25 ; E22 - Capital; Investment (including Inventories); Capacity
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012816116