ECB’s easing policies reduced inequality, paper says


The unconventional monetary policies implemented by the European Central Bank have helped reduce inequality in the continent, says a working paper published by the ECB on July 18.

Monetary policy and household inequality says negative rates, as well as bond purchasing programmes, have reduced unemployment and thereby benefited lower-income families more than higher-income ones.

The authors point out numerous studies have already shown that standard monetary policy measures such as lower

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: