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Real effects of inflation through the redistribution of nominal wealth
Doepke, Matthias; Schneider, Martin - 2005
Persistent link: https://www.econbiz.de/10002633988
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Distribution, wealth and demand regimes in historical perspective : USA, UK, France and Germany, 1855-2010
Stockhammer, Engelbert; Rabinovich, Joel; Reddy, Niall - 2018
until 2010 for the UK, France, Germany and USA, based on the dataset of Piketty and Zucman (2014). We contribute to the post … overall domestic demand has been wage-led in the USA, UK and Germany. Total investment responds positively to higher wage … effects are found to be positive and significant for consumption in the USA and UK, but weaker in France and Germany …
Persistent link: https://www.econbiz.de/10011924602
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Survey data on household finance and consumption : research summary and policy use
2009
Persistent link: https://www.econbiz.de/10011627113
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Consumption, personal income, financial wealth, housing wealth, and long-term interest rates : a panel cointegration approach for 50 US states
Kontana, Dimitra; Fountas, Stilianos - In: Studies in nonlinear dynamics and econometrics : SNDE ; … 26 (2022) 3, pp. 417-435
Persistent link: https://www.econbiz.de/10013334821
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Survey data on household finance and consumption : research summary and policy use
2009
Persistent link: https://www.econbiz.de/10014423869
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Real Effects of Inflation Through the Redistribution of Nominal Wealth
Doepke, Matthias; Schneider, Martin - 2008
This paper provides a quantitative assessment of the effects of inflation through changes in the value of nominal … redistribution brought about by a moderate inflation episode. Redistribution takes the form of "ends-against-the-middle" the middle … class gains at the cost of the rich and poor. In addition, inflation favors the young over the old, and hurts foreigners. A …
Persistent link: https://www.econbiz.de/10014066982
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More wealth, less leisure? : effect of housing wealth on tourism expenditure in China
Zhang, Chuanyong; Feng, Guoliang - In: Tourism economics : the business and finance of tourism … 24 (2018) 5, pp. 526-540
Persistent link: https://www.econbiz.de/10011901119
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Monetary policy and racial inequality
Bartscher, Alina Kristin; Kuhn, Moritz; Schularick, Moritz - 2021 - Revised June 2021
This paper aims at an improved understanding of the relationship between monetary policy and racial inequality. We investigate the distributional effects of monetary policy in a unified framework, linking monetary policy shocks both to earnings and wealth differentials between black and white...
Persistent link: https://www.econbiz.de/10012423843
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Monetary policy and racial inequality
Bartscher, Alina Kristin; Kuhn, Moritz; Schularick, Moritz - 2021
This paper aims at an improved understanding of the relationship between monetary policy and racial inequality. We investigate the distributional effects of monetary policy in a unified framework, linking monetary policy shocks both to earnings and wealth differentials between black and white...
Persistent link: https://www.econbiz.de/10012428946
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Monetary policy and racial inequality
Bartscher, Alina Kristin; Kuhn, Moritz; Schularick, Moritz - 2021
This paper aims at an improved understanding of the relationship between monetary policy and racial inequality. We investigate the distributional effects of monetary policy in a unified framework, linking monetary policy shocks both to earnings and wealth differentials between black and white...
Persistent link: https://www.econbiz.de/10012438366