提高利率提高收入

IF 1.7 Q3 BUSINESS, FINANCE Journal of Central Banking Theory and Practice Pub Date : 2023-09-01 DOI:10.2478/jcbtp-2023-0031
Guillermo Peña
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引用次数: 0

摘要

摘要本文举例说明了一个案例,即提高利率可以改善经济活动,减少收入不平等。这一理论练习涉及一个具有预算约束会计身份的简单非均衡模型。此外,根据之前的模型,通过反映加剧收入不平等的不对称影响,考虑了新冠肺炎冲击的影响。一个简单的经验练习证实了之前的一些结果。拟议的解释是,对欧元区来说,这一冲击影响了更多的中等收入家庭,比如受强制封锁影响的零售商,他们增加了债务。
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Raising Interest Rates for Improving Income
Abstract This paper illustrates a case where an increase of the interest rates improves the economic activity and reduces income inequality. This theoretical exercise deals with a simple model of disequilibrium with accountant identities of budget constraints. In addition, and following previous models, the effect of the COVID-19 shock is considered, by reflecting asymmetric repercussions that increase income inequality. A simple empirical exercise confirms some of the previous results. The proposed explanation is that, for the euro area, this shock has affected more middle-income households such as the retailers harmed by the compulsory lockdown who have increased their debts.
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来源期刊
CiteScore
2.80
自引率
57.10%
发文量
31
审稿时长
7 weeks
期刊介绍: Journal of Central Banking Theory and Practice is a scientific journal dedicated to publishing quality papers and disseminating original, relevant and applicable economic research. Scientific and professional papers that are published in the Journal of Central Banking Theory and Practice cover theoretical and practical aspects of central banking, monetary policy, including the supervision issues, as well as banking and management in central banks. The purpose of the journal is to educate the general public about the key issues that the central bankers globally face, as well as about contemporary research and achievements in the field of central banking theory and practice.
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