MONETARY POLICY AND THE TOP ONE PER CENT

Monetary Policy and the Top 1%: Evidence from a Century of ...

The results indicate that monetary tightening strongly decreases the share of national income held by the top 1 percent and vice versa for a monetary expansion, ...

Monetary policy and the top one percent: Evidence from a century of ...

We employ two complementary empirical methodologies for estimating the dy- namic responses of the top 1% income share to a monetary policy shock: vector auto- ...

Working Paper Series Monetary policy and the top one per - ECINEQ

Our evidence suggests that monetary policy has a significant and persis- tent impact on income inequality via top income shares. Monetary tightening decreases ...

Monetary Policy and the Top One Percent: Evidence from a Century ...

The obtained results indicate that ex-pansionary monetary policy strongly increases the share of national income held by the top one percent. Our findings also ...

MONETARY POLICY AND THE TOP ONE PER CENT - EEA Congress

Monetary policy has a significant and persistent impact on top income shares, according to new research by Mehdi El Herradi and Aurélien Leroy.

Monetary Policy and the Top One Percent: Evidence from a Century ...

PDF | On Jan 1, 2019, Mehdi El Herradi and others published Monetary Policy and the Top One Percent: Evidence from a Century of Modern Economic History ...

Monetary Policy and the Top One Percent: Evidence from a Century ...

The obtained results indicate that ex-pansionary monetary policy strongly increases the share of national income held by the top one percent.

Monetary Policy and the Top One Percent: Evidence from a ... - HAL

The obtained results indicate that ex-pansionary monetary policy strongly increases the share of national income held by the top one percent. Our findings also ...

The distributive effect of monetary policy: The top one percent makes ...

The paper evaluates the distributive impact of monetary policy for the USA. Inequality measures cover the whole income distribution with the top one percent.

Monetary policy and the top one percent: Evidence from a century of ...

The obtained results indicate that ex-pansionary monetary policy strongly increases the share of national income held by the top one percent.

How the Federal Reserve Protects the Top One Percent

In short, as a first approximation, the current Fed policy of rapidly raising interest rates to fight inflation by throwing people out of work ...

Monetary policy and the top one percent - ECINEQ

The obtained results indicate that contractionary monetary policy strongly decreases the share of national income held by the top one percent ...

Defending the One Percent - Harvard University

As far as I know, no one has proposed any. Page 3. N. Gregory Mankiw 23 credible policy intervention to deal with rising inequality that will make everyone,.

A Guide to Statistics on Historical Trends in Income Inequality

The best survey data show that the share of wealth held by the top 1 percent rose from 30 percent in 1989 to 39 percent in 2016, while the share ...

Innocent Bystanders? Monetary Policy and Inequality in the U.S.

Further, a recent CBO report documents that the top 1 percent of the income distribution received approximately. 30 percent of their income from financial ...

Top Wealth in America: New Estimates under Heterogeneous Returns

Their findings show that wealth is very concentrated: The top 1% holds nearly as much wealth as the bottom 90% and the “P90-99” class. However, inequality has ...

Of the 1%, by the 1%, for the 1% - Vanity Fair

The upper 1 percent of Americans are now taking in nearly a quarter of the nation's income every year. In terms of wealth rather than income, ...

The effects of monetary policy on income and wealth inequality in ...

Our own policy shocks are constructed for this purpose. The results show that an expansionary monetary policy shock does not have a significant effect on income ...

How Top Earners Make Money: Often, from Running a Business

At the very top of the distribution, in the top 0.1 percent, business income is more important than either wage income or investment returns. In this elite ...

The Fed Explained - Monetary Policy - Federal Reserve Board

Lowering that target range represents an "easing" of monetary policy because it is accompanied by lower short-term interest rates in financial markets and a ...