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_c146701 _d146701 |
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003 | ES-MaIEF | ||
005 | 20221110133328.0 | ||
007 | ta | ||
008 | 221110t2022 us ||||| |||| 00| 0|eng d | ||
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_aES-MaIEF _bspa _cES-MaIEF |
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245 | 0 |
_aFive facts about the distributional income effects of monetary policy shocks _c by Niklas Amberg, Thomas Jansson, Mathias Klein and Anna Rogantini Picco |
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500 | _aResumen. | ||
504 | _aBibliografĂa. | ||
520 | _aWe document five facts about the distributional income effects of monetary policy shocks using Swedish administrative individual-level data. (i) The effects of monetary policy shocks are U shaped over the income distribution—that is, expansionary shocks increase the incomes of high- and low-income individuals relative to middle-income individuals. (ii) The large effects in the bottom are accounted for by the labor-income response and (iii) those in the top by the capital-income response. (iv) The heterogeneity in the labor-income response is due to the earnings heterogeneity channel, whereas (v) that in the capital-income response is due to the income composition channel. | ||
650 | 4 |
_948062 _aPOLITICA MONETARIA |
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650 |
_aRENTA _950200 |
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650 |
_aDISTRIBUCION _98496 |
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650 |
_aDESIGUALDAD _942588 |
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650 |
_aSUECIA _948506 |
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650 | 4 |
_947776 _aMODELOS ECONOMETRICOS |
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700 | 1 |
_970168 _aAmberg, Niklas |
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773 | 0 |
_9168339 _oOP 2145/2022/3 _tThe American Economic Review _x 2640-205X _g v. 4, n. 3, September 2022, p. 289-304 |
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942 | _cART |