to borrowers. In this study, we consider redistribution as a channel for aggregate and welfare effects of inflation. We …-generations model of the U.S. economy. While the redistribution shock is zero sum, households react asymmetrically, mostly because … increase in savings. Even though inflation-induced redistribution has a persistent negative effect on output, it improves the …

to borrowers. In this study, we consider redistribution as a channel for aggregate and welfare effects of inflation. We …-generations model of the U.S. economy. While the redistribution shock is zero sum, households react asymmetrically, mostly because … increase in savings. Even though inflation-induced redistribution has a persistent negative effect on output, it improves the …

This paper analyses the importance of fiscal mechanisms for regional risk sharing and redistribution in Switzerland …

This paper analyses the importance of fiscal mechanisms for regional risk sharing and redistribution in Switzerland …

This paper analyses the importance of fiscal mechanisms for regional risk sharing and redistribution in Switzerland …

The third chapter analyses the importance of various fiscal mechanisms for regional risk sharing and redistribution in … und die Umverteilung von regionalen Einkommensunterschieden in der Schweiz. Untersucht werden das nationale …