The Redistributive Effects of Monetary Policy Across Generations
The paper revises the redistributive channels of monetary policy transmission and their impact on income and wealth distributions in a New-Keynesian Overlapping Generations (OLG) model. The model mimics total asset holdings and earnings processes of several types of households across generations, ba...
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| Format: | Article |
| Language: | English |
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National Bank of Ukraine
2018-06-01
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| Series: | Visnyk of the National Bank of Ukraine |
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| Online Access: | https://journal.bank.gov.ua/en/article/2018/244/03 |