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Distributional Implications of Monetary Policy, with Maarten Dossche (ECB) episode artwork

EPISODE · May 12, 2023 · 26 MIN

Distributional Implications of Monetary Policy, with Maarten Dossche (ECB)

from The Week That Was in Europe · host Klaus Adam & Dirk Schumacher

We discusss the main channels through which Euro Area monetary policy generates income inequality in the cross-section of households and their quantitative importance. We also discuss why the ECB should care about inequality implications of its policies and whether the current rate increases generate effects that are symmetric to the effects generates by the rate cuts during Mario Draghi's ECB presidency.

What this episode covers

We discusss the main channels through which Euro Area monetary policy generates income inequality in the cross-section of households and their quantitative importance. We also discuss why the ECB should care about inequality implications of its policies and whether the current rate increases generate effects that are symmetric to the effects generates by the rate cuts during Mario Draghi's ECB presidency.

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Distributional Implications of Monetary Policy, with Maarten Dossche (ECB)

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How long is this episode of The Week That Was in Europe?

This episode is 26 minutes long.

When was this The Week That Was in Europe episode published?

This episode was published on May 12, 2023.

What is this episode about?

We discusss the main channels through which Euro Area monetary policy generates income inequality in the cross-section of households and their quantitative importance. We also discuss why the ECB should care about inequality implications of its...

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