Central banks can do more to address the inequality problem, but they cannot do everything.
- Kenneth Rogoff
- Project Syndicate
Recently, a steady stream of commentaries has…
Central banks can do more to address the inequality problem, but they cannot do everything.
Recently, a steady stream of commentaries has…
CAMBRIDGE – Judging by the number of times phrases such as “equitable growth” and “the distributional footprint of monetary policy” appear in central bankers’ speeches nowadays, it is clear that monetary…
But is monetary policy to blame for this problem, and is it really the right tool for redistributing income?