Inequality
ECB’s easing policies reduced inequality, paper says
Overall effects of monetary policy on income inequality are modest, paper finds
Some macro-prudential policies may increase income inequality – DNB paper
Researchers look at data from 69 countries from 2000–13
Podcast: San Fran Fed’s Daly on gender inequality in central banks
Mary Daly on the importance of role models in improving central banks’ gender balance
Fed survey reports increased US economic prosperity
Inequality across ethnic groups, regions and educational levels remains a key economic factor
Housing inequality creates credit inequality – NY Fed’s Hirtle
Older people with less need of credit have seen the value of their collateral rise more
Central banks should personalise communications – BoE’s Haldane
Explaining how monetary policy affects the lives of everyday people could help bridge trust gap
‘Interventions’ are needed for gender balance, says BoE COO
Offering women opportunities is not enough, says Joanna Place
No consensus on targets at gender balance index launch
Policymakers and economists discuss the gender imbalances within public financial institutions
Economics profession needs women – San Fran Fed director
Economics facing crisis as policy continues to be made by men, says research director
Yellen to join former Fed colleagues at Brookings
Janet Yellen returns to her research roots with position at Brookings Institution
Income convergence in reverse among original euro members, research says
Fall in income disparities halted soon after 2002 and started to increase after financial crisis
Rebased ‘Maddison’ data reshapes economic history
New approach to measuring GDP per capita generates fresh insights
Fed paper studies inequality in three dimensions
Authors find examining three dimensions simultaneously gives new insights
Bank Indonesia to nudge more people to open bank accounts
The country aims to boost the percentage of the population with bank accounts to 75% by 2019
Loose policy supported equality in Sweden – Skingsley
Deputy governor of Sveriges Riksbank reflects on how monetary policy promotes inclusive growth
Income convergence in eurozone faltered before euro, research finds
Strong financial cycle concealed lack of productivity growth since 1990s in Spain and Italy, implying euro may not be to blame
BoE says ‘there will always be differences in levels of pay’
Pay gap revelation shows women at the UK central bank are paid over a fifth less than their male counterparts
MPs clash with UK chancellor over diversity in central bank
Chair of parliamentary group says she is not convinced “all efforts” are being made to tackle gender unbalance
US income inequality boosted by top 0.01% – research
Income via “pass-through businesses” is great contributor to top inequality
IMF: global recovery is broad but incomplete
Fund ups its growth forecasts but says many are missing out
Senior figures disagree over future of central bank mandates
Otmar Issing says ECB should not act as substitute for politics
IMF’s Lagarde gives update on women’s empowerment pledges
Fund has teamed up with UK to provide ‘gender-budgeting’ assistance
Racial wage gaps in US caused by ‘harder-to-measure’ factors
Lack of opportunity plays bigger role than education and profession in racial inequality, paper finds
Low-income families suffer higher inflation rates, paper finds
The differences in prices occur in the same categories of goods