Redistribution effects of inflation

Martin Schneider

Journal of Economic Dynamics and Control, 2014, vol. 49, issue C, 49-51

Abstract: This note discusses Lee Ohanian׳s paper on “Monetary policy in the midst of big shocks”. In particular, it asks what would happen if assumptions are changed so inflation have redistribution effects. Evidence on nominal positions suggests that such effects can be quantitatively important.

Keywords: Inflation; Redistribution; Monetary policy (search for similar items in EconPapers)
JEL-codes: E3 E4 E5 N2 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:dyncon:v:49:y:2014:i:c:p:49-51

DOI: 10.1016/j.jedc.2014.09.037

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