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Distributional effects of monetary policy

Bonifacio, Valentina; Brandao Marques, Luis; Budina, Nina; … - 2021

, concerns about their inequality impact have grown. But rising inequality has multiple causes and its relationship with monetary …

Persistent link: https://www.econbiz.de/10012605530

Rent Seeking and Endogenous Income Inequality

Wade, Paul - 2001

This paper studies the relationship between wealth inequality and occupational choice between rent-seeking and …

Persistent link: https://www.econbiz.de/10014403639

The rise in inequality after pandemics : can fiscal support play a mitigating role?

Furceri, Davide; Loungani, Prakash; Ostry, Jonathan David; … - 2021

inequality (Furceri, Loungani, Ostry and Pizzuto, 2020). In this paper, we show that the extent of fiscal consolidation in the … inequality. Episodes marked by extreme austerity-measured using either the government's fiscal balance, health expenditures or … redistribution-have been associated with an increase in the Gini measure of inequality three times as large as in episodes where …

Persistent link: https://www.econbiz.de/10012613680

Wealth inequality and private savings : the case of Germany

Dao, Mai - 2020

widening top income inequality, rising private savings and compressed consumption rates. Rising corporate profits in an …

Persistent link: https://www.econbiz.de/10012252060

Credit Markets with Differences in Abilities : Education, Distribution, and Growth

De Gregorio, Jose - 1994

This paper addresses the growth, welfare, and distributional effects of credit markets. We construct a general equilibrium model where human capital is the engine of growth and individuals differ in their education abilities. We argue that the existence of credit markets encourages...

Persistent link: https://www.econbiz.de/10014396004

Impact of Macroeconomic Policieson Income Distribution : An Empirical Study

International Monetary Fund - 1988

There has been a growing awareness of the income distribution dimension of macroeconomic policies. This paper presents a framework for studying this issue empirically, and considers the case of the Philippines using data available from integrated surveys of households. After developing and...

Persistent link: https://www.econbiz.de/10014396488

The rich and the Great Recession

Bakker, Bas B.; Felman, Joshua - 2014

Persistent link: https://www.econbiz.de/10010479444

Inequality, Leverage and Crises

Rancière, Romain - 2010

The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of the rich, a large increase in leverage for the remainder, and an eventual financial...

Persistent link: https://www.econbiz.de/10014402855

Gendered taxes : the interaction of tax policy with gender equality

Coelho, Maria; Davis, Aieshwarya; Klemm, Alexander; … - 2022

This paper provides an overview of the relation between tax policy and gender equality, covering labor, capital and wealth, as well as consumption taxes. It considers implicit and explicit gender biases and corrective taxation. On labor taxes, we discuss the well-established findings on female...

Persistent link: https://www.econbiz.de/10013170280

Structural unemployment in Luxembourg : bad luck or rational choice?

Gbohoui, William - 2019

This paper combines both micro and macro approaches to identify the drivers of (un)employment and inactivity in Luxembourg. The young, low-skilled, and non-EU migrants are found to be the most vulnerable groups in the labor market. In addition to skills mismatches, work disincentives embedded in...

Persistent link: https://www.econbiz.de/10012154712