Israel, Karl-Friedrich; Sepp, Tim Florian; Sonnenberg, Nils - 2023
In this study, we investigate the impact of monetary policy on Japanese household incomes using the Family Income and …-income households, decreases for middle-income households, and disappears for lower-income households. Our results suggest that monetary … policy may have contributed to the persistent growth in income inequality in Japan, as measured by metrics such as the Gini …