Monetary Policy, Housing and Inequality

by Philipp Poyntner, (Paris Lodron University Salzburg)

Does monetary policy affect households on certain parts of the wealth distribution more than others? This note emphasizes the channels through which monetary policy influences housing markets and inequality, their interplay, and how these topics are not only “innocent bystanders” of monetary policy but also shape how monetary policy is transmitted to the economy.

Full article is available here.