Article
Does Monetary Policy Benefit Certain Households at the Expense of Others?
20 Dec ’21
Research in Focus — Monetary policy is expected to help all households in society. When households are diverse, and thus are affected by monetary policy differently, how can monetary policy help all of them?
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Report
Monetary Policy Report: Using Rules for Benchmarking, June 2022
This special report highlights ongoing work to benchmark the stance of monetary policy using a range of policy rules that are widely employed in studies of monetary economics.
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Make-up Strategies for Monetary Policy
Economic Insights — We take a closer look at the Federal Reserve's new strategy to lessen the danger of persistently low inflation.
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Doves for the Rich, Hawks for the Poor? Distributional Consequences of Systematic Monetary Policy
WP 12-21/R – We build a New Keynesian business-cycle model with rich household heterogeneity.