- Heterogeneous effects of monetary tightening in response to energy ...🔍
- Heterogeneous effects of monetary tightening in response to🔍
- Energy prices and household heterogeneity🔍
- Heterogeneous household responses to energy price shocks🔍
- Energy Prices and Household Heterogeneity🔍
- The Propagation of Monetary Policy Shocks in a Heterogeneous ...🔍
- Inflation is not equal for all🔍
- The Heterogeneous Effect of Monetary Policy Shocks🔍
Heterogeneous effects of monetary tightening in response to energy ...
Heterogeneous effects of monetary tightening in response to energy ...
Using our model, we show that an increase in foreign energy prices has adverse economic consequences regardless of the monetary policy response.
Heterogeneous effects of monetary tightening in response to
This article analyses how monetary policy shapes the aggregate and distributional effects of an energy price shock. Based on the observed heterogeneity in ...
Energy prices and household heterogeneity: Monetary policy in a ...
An energy price shock, typically modeled as a supply shock, can therefore have a direct effect on aggregate demand. The view that energy price shocks can have a ...
Heterogeneous household responses to energy price shocks
Among other things, these groups differ in their financial vulnerability to energy shocks. Then, we discuss the implications of two policy measures in Belgium ...
Heterogeneous effects of monetary tightening in response to energy ...
Heterogeneous effects of monetary tightening in response to energy price shocks. ECB Research Bulletin, No. 123 ...
Energy Prices and Household Heterogeneity: Monetary Policy in a ...
the optimal monetary policy response when accounting for such demand side effects of an energy price ... heterogeneous agent model, but not the normative effects ...
... monetary policy response to the inflationary pressure caused by the energy price shock contracts economic activity. A terms of trade effect is also ...
The Propagation of Monetary Policy Shocks in a Heterogeneous ...
Heterogeneity in I/O linkages and consumption shares does not affect the impact response relative to an economy with homogeneous price stickiness and also does ...
Inflation is not equal for all: the heterogenous effects of energy shocks
We show that the stronger the monetary policy response to energy-driven inflation, the larger ... 4.1 Energy shock and price heterogeneity. The role of monetary.
The Heterogeneous Effect of Monetary Policy Shocks - IDEAS/RePEc
This paper contributes to the growing research on the heterogeneous effects of monetary policy. Using smooth local projections, we estimate the response of ...
All Content · Heterogeneous effects of monetary tightening in response to energy price shocks · Burn now or never: The response of fossil fuel firms to climate ...
Fiscal and Monetary Policy with Heterogeneous Agents
Monetary and balanced-budget fiscal policy have similar aggregate effects as in the standard new Keynesian model, while deficit-financed fiscal policy is much ...
Heterogeneous effects of monetary tightening in response to energy ...
Heterogeneous effects of monetary tightening in response to energy price shocks. ECB Research Bulletin, No. 123. Themen. Risk & Regulation. Weiterlesen mit ...
As expected, the response of consumer prices materializes slower than real. GDP, with the effects being significant only after the second quarter and reaching ...
The Heterogeneous Effects of Monetary Policy on Labor Income
We find that the effects of European Central Bank monetary policy shocks on labor income are driven by the extensive margin (transitions out of/ ...
Energy price shocks, monetary policy and inequality
The rise in energy prices and subsequent policy response naturally have heterogeneous effects on households, with less wealthy households likely being ...
Monetary Policy and Heterogeneity: An Analytical Framework
The threshold depends on price stickiness because policy responds to inflation, but the relevant amplification goes through real demand's equilibrium response, ...
Monetary policy and heterogeneous price effects in the United ...
Notably, we observe that energy price changes offset movements in food, beverage, and tobacco prices, resulting in identical responses of core ...
Energy Prices and Household Heterogeneity: Monetary Policy in a ...
central bank responds by tightening monetary policy ... The demand side effect of an energy price shock in our model implies that optimal monetary ...
the heterogeneous effects of monetary policy on labor income - OFCE
To answer this question, we use matched administrative-survey individual data to disentangle the distributional effects of monetary policy on transi- tions from ...