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| 02226nam 2200361zi 4500 |
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| 001 | 9.867986 |
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| 003 | CaOODSP |
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| 005 | 20221107162448 |
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| 006 | m o d f |
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| 007 | cr cn||||||||| |
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| 008 | 190205t20192019onca ob f000 0 eng d |
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| 040 | |aCaOODSP|beng|erda|cCaOODSP |
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| 041 | |aeng|bfre |
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| 086 | 1 |aFB3-5/2019-6E-PDF |
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| 100 | 1 |aHohberger, Stefan, |eauthor. |
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| 245 | 14|aThe distributional effects of conventional monetary policy and quantitative easing : |bevidence from an estimated DSGE model / |cby Stefan Hohberger, Romanos Priftis and Lukas Vogel. |
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| 264 | 1|aOttawa, Ontario, Canada : |bBank of Canada = Banque du Canada, |c2019. |
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| 264 | 4|c©2019 |
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| 300 | |a1 online resource (ii, 30 pages) : |bcolour illustrations. |
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| 336 | |atext|btxt|2rdacontent |
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| 337 | |acomputer|bc|2rdamedia |
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| 338 | |aonline resource|bcr|2rdacarrier |
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| 490 | 1 |aBank of Canada staff working paper, |x1701-9397 ; |v2019-6 |
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| 500 | |a"January 2019." |
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| 504 | |aIncludes bibliographical references (pages 24-27). |
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| 520 | 3 |a"This paper compares the distributional effects of conventional monetary policy and quantitative easing (QE) within an estimated open-economy DSGE model of the euro area. The model includes two groups of households: (i) wealthier households, who own financial assets and can smooth consumption over time, and (ii) poorer households, who only receive labor and transfer income and live "hand to mouth." We compare the impact of policy shocks on constructed measures of income and wealth inequality (net disposable income, net asset position, and relative per-capita income). Except for the short term, expansionary conventional policy and QE shocks tend to mitigate income and wealth inequality between the two population groups"--Abstract, page ii. |
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| 546 | |aIncludes abstract in French. |
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| 692 | 07|2gccst|aMonetary policy |
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| 700 | 1 |aPriftis, Romanos, |eauthor. |
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| 700 | 1 |aVogel, Lukas, |d1976- |eauthor. |
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| 710 | 2 |aBank of Canada. |
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| 830 | #0|aStaff working paper (Bank of Canada)|x1701-9397 ;|v2019-6.|w(CaOODSP)9.806221 |
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| 856 | 40|qPDF|s1.19 MB|uhttps://publications.gc.ca/collections/collection_2019/banque-bank-canada/FB3-5-2019-6-eng.pdf |
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