Language:
English
繁體中文
Help
Login
Back
Switch To:
Labeled
|
MARC Mode
|
ISBD
The Impact of Monetary Policy on Eco...
~
Dörr, Patricia.
The Impact of Monetary Policy on Economic Inequality
Record Type:
Language materials, printed : Monograph/item
Title/Author:
The Impact of Monetary Policy on Economic Inequality/ by Patricia Dörr.
Author:
Dörr, Patricia.
Description:
XIII, 70 p. 1 illus.online resource. :
Contained By:
Springer Nature eBook
Subject:
Economic theory. -
Online resource:
https://doi.org/10.1007/978-3-658-24835-2
ISBN:
9783658248352
The Impact of Monetary Policy on Economic Inequality
Dörr, Patricia.
The Impact of Monetary Policy on Economic Inequality
[electronic resource] /by Patricia Dörr. - 1st ed. 2018. - XIII, 70 p. 1 illus.online resource. - BestMasters,2625-3577. - BestMasters,.
General Equilibrium Models -- Introducing Agent Heterogeneity -- Empirical Evidence.
The extensive monetary policy of central banks during the Great Recession has re-newed the interest in the relation between (possibly) non-neutral money and wealth and income inequality. In this work, a dynamic general equilibrium model approach is used to study the effects of an inflation rate change on inequality. These effects are found to be temporary and to work through two channels: First, at the consumer level, intertemporal substitution effects differ even under an identical policy rule of all agents due to individual skill and capital endowments. This implies a transitory effect of inflation rate changes on inequality. Second, an indirect effect results from different capital intensities in industrial branches and capital-labour substitution effects. This may be endorsed by varying individual skill levels. The theoretical model‘s implications are tested empirically in a time series analysis on US data. Contents General Equilibrium Models Introducing Agent Heterogeneity Empirical Evidence Target Groups Scholars and students of economics with a focus on monetary policy, general equilibrium models and/or economic inequality Executives and consultants in the field of monetary policy About the Author Patricia Dörr is currently a PhD student in economics at Trier University. Her focus lies on survey statistics and therein variance estimation.
ISBN: 9783658248352
Standard No.: 10.1007/978-3-658-24835-2doiSubjects--Topical Terms:
809881
Economic theory.
LC Class. No.: HB1-846.8
Dewey Class. No.: 330.1
The Impact of Monetary Policy on Economic Inequality
LDR
:02782nam a22003975i 4500
001
990715
003
DE-He213
005
20200701034348.0
007
cr nn 008mamaa
008
201225s2018 gw | s |||| 0|eng d
020
$a
9783658248352
$9
978-3-658-24835-2
024
7
$a
10.1007/978-3-658-24835-2
$2
doi
035
$a
978-3-658-24835-2
050
4
$a
HB1-846.8
072
7
$a
KCA
$2
bicssc
072
7
$a
BUS069030
$2
bisacsh
072
7
$a
KCA
$2
thema
082
0 4
$a
330.1
$2
23
100
1
$a
Dörr, Patricia.
$e
author.
$4
aut
$4
http://id.loc.gov/vocabulary/relators/aut
$3
1282398
245
1 4
$a
The Impact of Monetary Policy on Economic Inequality
$h
[electronic resource] /
$c
by Patricia Dörr.
250
$a
1st ed. 2018.
264
1
$a
Wiesbaden :
$b
Springer Fachmedien Wiesbaden :
$b
Imprint: Springer Gabler,
$c
2018.
300
$a
XIII, 70 p. 1 illus.
$b
online resource.
336
$a
text
$b
txt
$2
rdacontent
337
$a
computer
$b
c
$2
rdamedia
338
$a
online resource
$b
cr
$2
rdacarrier
347
$a
text file
$b
PDF
$2
rda
490
1
$a
BestMasters,
$x
2625-3577
505
0
$a
General Equilibrium Models -- Introducing Agent Heterogeneity -- Empirical Evidence.
520
$a
The extensive monetary policy of central banks during the Great Recession has re-newed the interest in the relation between (possibly) non-neutral money and wealth and income inequality. In this work, a dynamic general equilibrium model approach is used to study the effects of an inflation rate change on inequality. These effects are found to be temporary and to work through two channels: First, at the consumer level, intertemporal substitution effects differ even under an identical policy rule of all agents due to individual skill and capital endowments. This implies a transitory effect of inflation rate changes on inequality. Second, an indirect effect results from different capital intensities in industrial branches and capital-labour substitution effects. This may be endorsed by varying individual skill levels. The theoretical model‘s implications are tested empirically in a time series analysis on US data. Contents General Equilibrium Models Introducing Agent Heterogeneity Empirical Evidence Target Groups Scholars and students of economics with a focus on monetary policy, general equilibrium models and/or economic inequality Executives and consultants in the field of monetary policy About the Author Patricia Dörr is currently a PhD student in economics at Trier University. Her focus lies on survey statistics and therein variance estimation.
650
0
$a
Economic theory.
$3
809881
650
0
$a
Macroeconomics.
$3
554837
650
0
$a
Economic policy.
$3
555567
650
1 4
$a
Economic Theory/Quantitative Economics/Mathematical Methods.
$3
1069071
650
2 4
$a
Macroeconomics/Monetary Economics//Financial Economics.
$3
1069052
650
2 4
$a
Economic Policy.
$3
669185
710
2
$a
SpringerLink (Online service)
$3
593884
773
0
$t
Springer Nature eBook
776
0 8
$i
Printed edition:
$z
9783658248345
776
0 8
$i
Printed edition:
$z
9783658248369
830
0
$a
BestMasters,
$x
2625-3577
$3
1253531
856
4 0
$u
https://doi.org/10.1007/978-3-658-24835-2
912
$a
ZDB-2-ECF
912
$a
ZDB-2-SXEF
950
$a
Economics and Finance (SpringerNature-41170)
950
$a
Economics and Finance (R0) (SpringerNature-43720)
based on 0 review(s)
Multimedia
Reviews
Add a review
and share your thoughts with other readers
Export
pickup library
Processing
...
Change password
Login