Mimir, Yasin; Mæhlum, Mathis; Torstensen, Kjersti Næss - 2021
We quantify the short-term effects of both non-systematic and systematic monetary policy on the income and wealth … distribution in Norway, and measure the relative importance of the various channels. An expansionary monetary policy shock is found … relatively more as they are more indebted. We also find that systematic monetary policy, aimed at stabilizing cyclical …