Estimating the effects of disinflationary monetary policy on minorities

There are solid theoretical reasons, based on concepts such as “ladder effects”, to believe that disinflationary monetary policy disproportionately burdens low-income individuals. Minority groups in the U.S. tend to have lower incomes than whites. An implication of this wage gap is that the burden o...

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Veröffentlicht in:	Journal of policy modeling 2001, Vol.23 (1), p.51-66
1. Verfasser:	Thorbecke, Willem
Format:	Artikel
Sprache:	eng
Schlagworte:	Disinflation Disinflationary Low income groups Minorities Minority & ethnic groups Monetary policy Regression analysis Studies Unemployment
Online-Zugang:	Volltext
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