Monetary policy affects household wealth primarily through asset price movements, such as when low interest rates on mortgages increase the demand for housing and subsequently raise house prices.

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 (3)

• mortgages concept
• housing concept
• interest rates concept