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  1. The effect of monetary policy on inflation heterogeneity along the income distribution
    Author: Ampudia, Miguel; Ehrmann, Michael; Strasser, Georg
    Published: [2023]
    Publisher:  European Central Bank, Frankfurt am Main, Germany

    This paper studies the effect of monetary policy on inflation along the income distribution in several euro area countries. It shows that monetary policy has differential effects and identifies two channels which point in opposite directions. On the... more

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    Location:
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 534
    Inter-library loan:
    No inter-library loan

     

    This paper studies the effect of monetary policy on inflation along the income distribution in several euro area countries. It shows that monetary policy has differential effects and identifies two channels which point in opposite directions. On the one hand, different consumption shares imply that inflation by high-income households responds less to monetary policy. On the other hand, the paper provides novel evidence that there are substantial differences in shopping behaviour and its reaction to monetary policy, which imply that inflation by high-income households responds more to monetary policy.

     
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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789289962230
    Other identifier:
    hdl: 10419/297298
    Series: Working paper series / European Central Bank ; no 2858
    Subjects: distributional effects; shopping behaviour; substitution; inflation; monetary policy; distribution of income; euro area
    Scope: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  2. The impact of credit substitution between banks on investment
    Author: Bripi, Francesco
    Published: [2023]
    Publisher:  Banca d'Italia Eurosistema, [Rom]

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    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 450
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: Temi di discussione / Banca d'Italia ; number 1408 (March 2023)
    Subjects: banks; credit; substitution; investments
    Scope: 1 Online-Ressource (circa 70 Seiten), Illustrationen
  3. The effect of monetary policy on inflation heterogeneity along the income distribution
    Author: Ampudia, Miguel; Ehrmann, Michael; Strasser, Georg
    Published: 13 September 2023
    Publisher:  Centre for Economic Policy Research, London

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    Verlag (lizenzpflichtig)
    Verlag (lizenzpflichtig)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    LZ 161
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    Location:
    Universitätsbibliothek Mannheim
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP18460
    Subjects: inflation; distributional effects; monetary policy; shopping behaviour; substitution
    Scope: 1 Online-Ressource (circa 40 Seiten), Illustrationen
  4. The effect of monetary policy on inflation heterogeneity along the income distribution
    Author: Ampudia, Miguel; Ehrmann, Michael; Strasser, Georg
    Published: September 11, 2023
    Publisher:  Bank for International Settlements, Monetary and Economic Department, [Basel]

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 546
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: BIS working papers ; no 1124
    Subjects: inflation; distributional effects; monetary policy; shopping behaviour; substitution
    Scope: 1 Online-Ressource (circa 40 Seiten), Illustrationen