Great paper !
Excited to see this forthcoming!View quoted post on X
Persistdebt (José-Luis Peydró)
@persistdebt
ERC grant 'Debt and Persistence of Financial Shocks' led by José-Luis Peydró
(Banking; Non-banks, Shadow Banks, Fintech; Systemic Risk; Financial Crises; Macro)
(Banking; Non-banks, Shadow Banks, Fintech; Systemic Risk; Financial Crises; Macro)
665 Following 1.2K Followers 203 Posts
Latest posts 5
Summarizing our research on monetary policy and inequality
🏦This week’s New Economy Brief explores the impact of monetary policy on poverty and inequality, and why interest rates alone are too blunt of a tool to tackle current inflation.📈
neweconomybrief.net/the-digest/the…View quoted post on X
Our Journal of International Economics (Nov 2022) paper shows that nonstandard monetary policy has strong limits on fostering re-integration of cross-border wholesale markets, key given recent ECB policy actions (eg TPI) & incomplete EU banking union: lnkd.in/eSwBQVps
lnkd.in LinkedIn This link will take you to a page that’s not on LinkedIn Hybrid conference in Madrid on Wednesday on monetary policy with ECB and IMF Chief Economists, European Banking Authority's President, former ECB top management, top macro-finance academics and the Governor of Bank of Spain. To register:
bernacerprize.com
bernacerprize.com
We summarize our research on "Expansionary Monetary Policy Increases Inequality" in @CatoInstitute cato.org/research-brief… (with Asger Andersen, Niels Johannesen and Mia Jørgensen)
www.cato.org Expansionary Monetary Policy Increases Inequality As a first extension of our analysis, we study the distributional effects of monetary policy on consumption and wealth accumulation.