Bank for International Settlements (@bis_org) 's Twitter Profile
Bank for International Settlements

@bis_org

Promoting global monetary & financial stability since 1930

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linkhttp://www.bis.org calendar_today22-06-2010 08:13:54

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How does the inflation environment shape the effects of monetary policy? High-frequency data show that, in a high-inflation regime, monetary policy shocks strongly amplify labour income inequality and aggregate consumption bis.org/publ/work1271.…

How does the inflation environment shape the effects of monetary policy? High-frequency data show that, in a high-inflation regime, monetary policy shocks strongly amplify labour income inequality and aggregate consumption bis.org/publ/work1271.…