Monetary Policy and the Distribution of Income: Evidence from U.S. Metropolitan Areas

Giovanni Favara, Francesca Loria, Greg Marchal and Egon Zakrajšek ()
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Francesca Loria: https://www.federalreserve.gov/econres/francesca-loria.htm
Greg Marchal: https://msutoday.msu.edu/news/2021/michigan-state-university-undergraduate-named-truman-scholar

No 2025-03-31-2, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: The steady rise in income inequality and the broad range of actions undertaken by central banks in recent years – first to stabilize the global economy during the 2008-09 financial crisis and second to stave off the pandemic-induced economic collapse – have brought the distributional footprint of monetary policy to the forefront of the economic policymaking discussion (Bernanke, 2015; Draghi, 2016; BIS, 2021).

Date: 2025-03-31
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Working Paper: Monetary Policy and the Distribution of Income: Evidence from U.S. Metropolitan Areas (2025)
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2025-03-31-2

DOI: 10.17016/2380-7172.3757

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