Journal Article
The redistributive consequences of monetary policy
Abstract: Monetary policy is not intended to benefit one segment of the population at the expense of another by redistributing income and wealth. But as Makoto Nakajima explains, it is probably impossible to avoid such redistributive consequences.
Keywords: Monetary policy; Redistributive consequences;
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Bibliographic Information
Provider: Federal Reserve Bank of Philadelphia
Part of Series: Business Review
Publication Date: 2015
Issue: Q2
Pages: 9-16