Inequality Leverage And Crises
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Language: en
Pages: 39
Pages: 39
Type: BOOK - Published: 2010-11-01 - Publisher: International Monetary Fund
The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 bot
Language: en
Pages: 48
Pages: 48
Type: BOOK - Published: 2013-12-17 - Publisher: International Monetary Fund
The paper studies how high household leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 198
Language: en
Pages: 39
Pages: 39
Type: BOOK - Published: 2015-06-15 - Publisher: International Monetary Fund
This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely among
Language: en
Pages: 57
Pages: 57
Type: BOOK - Published: 2012-08-01 - Publisher: International Monetary Fund
We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary
Language: en
Pages: 51
Pages: 51
Type: BOOK - Published: 2018-08-30 - Publisher: International Monetary Fund
We evaluate and partially challenge the ‘household leverage’ view of the Great Recession. In the data, employment and consumption declined more in states wh
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