A 25 basis point reduction in the European Central Bank (ECB) policy rate lowers the unemployment rate and increases gross income across all income quintiles.

Authors

• Person: Not available Organization: VoxEU
  The impact of monetary policy on income and wealth inequality

Sources

• The impact of monetary policy on income and wealth inequality cepr.org VoxEU via serper

Referenced by nodes (2)

• European Central Bank entity
• gross income concept