![Central Banking](https://www.centralbanking.com/sites/default/files/styles/print_logo/public/2017-03/print-logo.png?itok=_maJqRIT)
IMF paper assesses impact of monetary policy on inequality
![IMF headquarters in Washington, DC IMF headquarters in Washington, DC](/sites/default/files/styles/landscape_750_463/public/import/IMG/050/108050/imf-580x358.jpg.webp?itok=_DMZyzxj)
A working paper published by the International Monetary Fund (IMF) in August examines the impact of monetary policy on inequality in the US, finding that raising interest rates causes an increase in the gap between rich and poor.
The authors, Olivier Coibion, Yuriy Gorodnichenko, Lorenz Kueng and John Silvia, analyse household data from the US consumer expenditures survey for every quarter since 1980. The paper finds that a tightening of monetary policy causes income to increase at the upper end
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com