Matches in SemOpenAlex for { <https://semopenalex.org/work/W2894650478> ?p ?o ?g. }
- W2894650478 abstract "Abstract Empirical studies have pointed out that monetary policy may significantly affect income and wealth inequality. To investigate the distributive properties of monetary policy the authors resort to an agent-based macroeconomic model where firms, households and one bank interact on the basis of limited information and adaptive rules-of-thumb. Simulations show that the model can replicate fairly well a number of stylized facts, especially those relative to the business cycle. The authors address the issue using three types of computational experiments, including a global sensitivity analysis carried out through a novel methodology which greatly reduces the computational burden of simulations. The result emerges that a more restrictive monetary policy increases inequality, even though this effect may differ across groups of households. In addition, it appears to be attenuated if the bank’s willingness to lend is lower. The overall analysis suggests that inequality can constitute valuable information also for central banks." @default.
- W2894650478 created "2018-10-12" @default.
- W2894650478 creator A5020747494 @default.
- W2894650478 creator A5037267938 @default.
- W2894650478 date "2018-10-15" @default.
- W2894650478 modified "2023-10-01" @default.
- W2894650478 title "Computational evidence on the distributive properties of monetary policy" @default.
- W2894650478 cites W1966384569 @default.
- W2894650478 cites W1991865067 @default.
- W2894650478 cites W2012199040 @default.
- W2894650478 cites W2068105449 @default.
- W2894650478 cites W2075009233 @default.
- W2894650478 cites W2087692048 @default.
- W2894650478 cites W2098071721 @default.
- W2894650478 cites W2099616619 @default.
- W2894650478 cites W2117338956 @default.
- W2894650478 cites W2133260404 @default.
- W2894650478 cites W2140358882 @default.
- W2894650478 cites W2148347284 @default.
- W2894650478 cites W2164002832 @default.
- W2894650478 cites W2169901104 @default.
- W2894650478 cites W2336751164 @default.
- W2894650478 cites W2342264066 @default.
- W2894650478 cites W2465648915 @default.
- W2894650478 cites W2614629730 @default.
- W2894650478 cites W2618723448 @default.
- W2894650478 cites W2752384816 @default.
- W2894650478 cites W2769509735 @default.
- W2894650478 cites W3121709401 @default.
- W2894650478 cites W3121765993 @default.
- W2894650478 cites W3121935849 @default.
- W2894650478 cites W3122161814 @default.
- W2894650478 cites W3122228076 @default.
- W2894650478 cites W3122664804 @default.
- W2894650478 cites W3123395896 @default.
- W2894650478 cites W3124408084 @default.
- W2894650478 cites W3125866004 @default.
- W2894650478 cites W39937779 @default.
- W2894650478 cites W4213440813 @default.
- W2894650478 cites W648950241 @default.
- W2894650478 doi "https://doi.org/10.5018/economics-ejournal.ja.2018-62" @default.
- W2894650478 hasPublicationYear "2018" @default.
- W2894650478 type Work @default.
- W2894650478 sameAs 2894650478 @default.
- W2894650478 citedByCount "1" @default.
- W2894650478 countsByYear W28946504782020 @default.
- W2894650478 crossrefType "journal-article" @default.
- W2894650478 hasAuthorship W2894650478A5020747494 @default.
- W2894650478 hasAuthorship W2894650478A5037267938 @default.
- W2894650478 hasBestOaLocation W28946504781 @default.
- W2894650478 hasConcept C105795698 @default.
- W2894650478 hasConcept C11413529 @default.
- W2894650478 hasConcept C11821877 @default.
- W2894650478 hasConcept C126285488 @default.
- W2894650478 hasConcept C134306372 @default.
- W2894650478 hasConcept C139719470 @default.
- W2894650478 hasConcept C149782125 @default.
- W2894650478 hasConcept C15744967 @default.
- W2894650478 hasConcept C162324750 @default.
- W2894650478 hasConcept C202444582 @default.
- W2894650478 hasConcept C2776035688 @default.
- W2894650478 hasConcept C2781162219 @default.
- W2894650478 hasConcept C33923547 @default.
- W2894650478 hasConcept C38935604 @default.
- W2894650478 hasConcept C41008148 @default.
- W2894650478 hasConcept C45555294 @default.
- W2894650478 hasConcept C46312422 @default.
- W2894650478 hasConcept C513380476 @default.
- W2894650478 hasConcept C556758197 @default.
- W2894650478 hasConcept C55986821 @default.
- W2894650478 hasConcept C83873408 @default.
- W2894650478 hasConcept C89246107 @default.
- W2894650478 hasConceptScore W2894650478C105795698 @default.
- W2894650478 hasConceptScore W2894650478C11413529 @default.
- W2894650478 hasConceptScore W2894650478C11821877 @default.
- W2894650478 hasConceptScore W2894650478C126285488 @default.
- W2894650478 hasConceptScore W2894650478C134306372 @default.
- W2894650478 hasConceptScore W2894650478C139719470 @default.
- W2894650478 hasConceptScore W2894650478C149782125 @default.
- W2894650478 hasConceptScore W2894650478C15744967 @default.
- W2894650478 hasConceptScore W2894650478C162324750 @default.
- W2894650478 hasConceptScore W2894650478C202444582 @default.
- W2894650478 hasConceptScore W2894650478C2776035688 @default.
- W2894650478 hasConceptScore W2894650478C2781162219 @default.
- W2894650478 hasConceptScore W2894650478C33923547 @default.
- W2894650478 hasConceptScore W2894650478C38935604 @default.
- W2894650478 hasConceptScore W2894650478C41008148 @default.
- W2894650478 hasConceptScore W2894650478C45555294 @default.
- W2894650478 hasConceptScore W2894650478C46312422 @default.
- W2894650478 hasConceptScore W2894650478C513380476 @default.
- W2894650478 hasConceptScore W2894650478C556758197 @default.
- W2894650478 hasConceptScore W2894650478C55986821 @default.
- W2894650478 hasConceptScore W2894650478C83873408 @default.
- W2894650478 hasConceptScore W2894650478C89246107 @default.
- W2894650478 hasIssue "1" @default.
- W2894650478 hasLocation W28946504781 @default.
- W2894650478 hasLocation W28946504782 @default.
- W2894650478 hasLocation W28946504783 @default.
- W2894650478 hasOpenAccess W2894650478 @default.
- W2894650478 hasPrimaryLocation W28946504781 @default.