Classic Policy Benchmarks for Economies with Substantial Inequality

James Bullard and Riccardo DiCecio

Speech from Federal Reserve Bank of St. Louis

Abstract: St. Louis Fed President Jim Bullard participated on a policy panel during the Annual Conference of the Central Bank of Chile. The topic of the conference was “Heterogeneity in Macroeconomics: Implications for Monetary Policy.” During the panel discussion, Bullard presented "Classic Policy Benchmarks for Economies with Substantial Inequality." In the presentation, he outlined an argument that the contribution of a central bank to optimal macroeconomic policy may not be importantly altered by the presence of heterogeneous households. (He has presented previous versions of these slides at lectures and conferences.)

Keywords: macroeconomic policy; inequality (search for similar items in EconPapers)
Date: 2022-11-22
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https://www.stlouisfed.org/-/media/project/frbstl/ ... iago_nov_22_2022.pdf Presentation slides (application/pdf)

Related works:
Working Paper: Classic Policy Benchmarks for Economies with Substantial Inequality (2021)
Working Paper: Classic Policy Benchmarks for Economies with Substantial Inequality (2021)
Working Paper: Classic Policy Benchmarks for Economies with Substantial Inequality (2020)
Working Paper: Classic Policy Benchmarks for Economies with Substantial Inequality (2020)
Working Paper: Classic Policy Benchmarks for Economies with Substantial Inequality (2019)
Working Paper: Classic Policy Benchmarks for Economies with Substantial Inequality (2019)
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