Region Focus

2012

 

Second/Third Quarter 2012

Federal Reserve

Winners and Losers from Monetary Policy

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Related Links

Blank, Rebecca M., and Alan S. Blinder. “Macroeconomics, Income Distribution, and Poverty.” National Bureau of Economic Research Working Paper No. 1567, February 1985. (Paper available online by subscription.)

Blinder, Alan. “Commentary: Monetary Policy and the Well-Being of the Poor.” Presentation at the Federal Reserve Bank of Kansas City’s Economic Policy Symposium, Jackson Hole, Wyo., Aug. 27-29, 1998.

Erosa, Andres, and Gustavo Ventura. “On Inflation as a Regressive Consumption Tax.” Journal of Monetary Economics, May 2002, vol. 49, no. 4, pp. 761-795. (Working paper version available online.)

Doepke, Matthias, and Martin Schneider. “Inflation and the Redistribution of Nominal Wealth.” Journal of Political Economy, December 2006, vol. 114, no. 6, pp. 1069-1097.

Doepke, Matthias, and Martin Schneider. “Inflation as a Redistribution Shock: Effects on Aggregates and Welfare.” Working Paper, May 2006.

Kennickell, Arthur B. “Ponds and Streams: Wealth and Income in the U.S., 1989 to 2007.” Federal Reserve Board of Governors Finance and Economic Discussion Series No. 2009-13, January 2009.

Romer, Christina D., and David H. Romer. “Monetary Policy and the Well-Being of the Poor.” Presentation at the Federal Reserve Bank of Kansas City’s Economic Policy Symposium, Jackson Hole, Wyo., Aug. 27-29, 1998.

Rodgers, William M. “African American and White Differences in the Impacts of Monetary Policy on the Duration of Unemployment.” American Economic Review: Papers and Proceedings, May 2008, vol. 98, no. 2, pp. 382-386. (Paper available online by subscription.)

Survey of Consumer Finances, Federal Reserve Board of Governors

Thorbecke, Willem. “Disinflationary Monetary Policy and the Distribution of Income.” Levy Economics Institute Working Paper No. 185, March 1997.

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