It takes the average reader and 43 minutes to read The Effects of Monetary Policy Shocks on Inequality by Davide Furceri
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This paper provides new evidence of the effect of monetary policy shocks on income inequality. Using a measure of unanticipated changes in policy rates for a panel of 32 advanced and emerging market countries over the period 1990-2013, the paper finds that contractionary (expansionary) monetary actions increase (reduce) income inequality. The effect, however, varies over time, depending on the type of the shocks (tightening versus expansionary monetary policy) and the state of the business cycle, and across countries depending on the share of labor income and redistribution policies. In...
The Effects of Monetary Policy Shocks on Inequality by Davide Furceri is 43 pages long, and a total of 10,879 words.
This makes it 15% the length of the average book. It also has 13% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 59 minutes to read The Effects of Monetary Policy Shocks on Inequality aloud.
The Effects of Monetary Policy Shocks on Inequality is suitable for students ages 8 and up.
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