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The redistributive consequences of monetary policy

Makoto Nakajima ()

Business Review, 2015, issue Q2, 9-16

Abstract: Monetary policy is not intended to benefit one segment of the population at the expense of another by redistributing income and wealth. But as Makoto Nakajima explains, it is probably impossible to avoid such redistributive consequences.

Keywords: Monetary policy; Redistributive consequences (search for similar items in EconPapers)
Date: 2015
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