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The Transmission of Monetary Policy through Redistributions and Durable Purchases. (2016). Tenreyro, Silvana ; Sterk, Vincent.
In: Working Papers.
RePEc:ceq:wpaper:1601.

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Cited: 25

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  1. .

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  2. .

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  3. The interest rate exposure of euro area households. (2021). Tzamourani, Panagiota.
    In: European Economic Review.
    RePEc:eee:eecrev:v:132:y:2021:i:c:s0014292120302737.

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  4. The Redistributive Effects of a Money-Financed Fiscal Stimulus. (2019). rossi, lorenza ; Punzo, Chiara.
    In: DEM Working Papers Series.
    RePEc:pav:demwpp:demwp0168.

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  5. Nominal GDP Targeting With Heterogeneous Labor Supply. (2019). Singh, Aarti ; Bullard, James.
    In: Working Papers.
    RePEc:fip:fedlwp:2017-016.

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  6. The Redistributive Effects of a Money-Financed Fiscal Stimulus.. (2019). rossi, lorenza ; Punzo, Chiara.
    In: DISCE - Working Papers del Dipartimento di Economia e Finanza.
    RePEc:ctc:serie1:def076.

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  7. Home Ownership and Monetary Policy Transmission. (2018). Koeniger, Winfried ; Ramelet, Marc-Antoine.
    In: Economics Working Paper Series.
    RePEc:usg:econwp:2018:14.

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  8. Quantitative Easing. (2018). Sterk, Vincent ; Cui, Wei.
    In: Discussion Papers.
    RePEc:cfm:wpaper:1830.

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  9. Optimal Monetary Policy and Liquidity with Heterogeneous Households. (2017). Ragot, Xavier ; bilbiie, florin.
    In: Sciences Po publications.
    RePEc:spo:wpmain:info:hdl:2441/j75mfllkr89c8aod1nr586ksc.

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  10. Optimal Monetary Policy and Liquidity with Heterogeneous Households. (2017). Ragot, Xavier ; bilbiie, florin.
    In: Sciences Po Economics Discussion Papers.
    RePEc:spo:wpecon:info:hdl:2441/j75mfllkr89c8aod1nr586ksc.

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  11. Monetary Policy in Incomplete Market Models: Theory and Evidence. (2017). Mitman, Kurt ; Manovskii, Iourii ; Hagedorn, Marcus.
    In: 2017 Meeting Papers.
    RePEc:red:sed017:1605.

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  12. Optimal Monetary Policy and Liquidity with Heterogeneous Households. (2017). Ragot, Xavier ; Bilbiie, Florin.
    In: Working Papers.
    RePEc:hal:wpaper:hal-03471839.

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  13. Optimal Monetary Policy and Liquidity with Heterogeneous Households. (2017). Ragot, Xavier ; Bilbiie, Florin.
    In: Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers).
    RePEc:hal:cesptp:hal-03471839.

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  14. Monetary Policy Transmission in a Macroeconomic Agent-Based Model. (2017). Schasfoort, Joeri ; Kinsella, Stephen ; Godin, Antoine ; Caiani, Alessandro ; Bezemer, Dirk.
    In: Research Report.
    RePEc:gro:rugsom:17010-gem.

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  15. Optimal Monetary Policy and Liquidity with Heterogeneous Households. (2017). Ragot, Xavier ; bilbiie, florin.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:11814.

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  16. Nominal Rigidities in Debt and Product Markets. (2016). Garriga, Carlos ; Ustek, Roman ; Kydland, Finn E.
    In: Working Papers.
    RePEc:qmw:qmwecw:wp801.

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  17. Nominal Rigidities in Debt and Product Markets. (2016). Garriga, Carlos ; Ustek, Roman ; Kydland, Finn E.
    In: Working Papers.
    RePEc:qmw:qmwecw:801.

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  18. Nominal Rigidities in Debt and Product Markets. (2016). Sustek, Roman ; Kydland, Finn ; Garriga, Carlos.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:22613.

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  19. Nominal rigidities in debt and product markets. (2016). Garriga, Carlos ; Sustek, Roman ; Kydland, Finn E.
    In: Working Papers.
    RePEc:fip:fedlwp:2016-017.

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  20. Macroeconomic Research After the Crisis : a speech at The Elusive Great Recovery: Causes and Implications for Future Business Cycle Dynamics 60th annual economic conference sponsored by the Federal Re. (2016). Yellen, Janet L.
    In: Speech.
    RePEc:fip:fedgsq:915.

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  21. Nominal rigidities in debt and product markets. (2016). Garriga, Carlos ; Ustek, Roman ; Kydland, Finn E.
    In: LSE Research Online Documents on Economics.
    RePEc:ehl:lserod:86223.

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  22. Doves for the Rich, Hawks for the Poor? Distributional Consequences of Monetary Policy. (2016). Nakajima, Makoto ; Kuester, Keith ; Gornemann, Nils.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:11233.

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  23. Nominal rigidities in debt and product markets. (2016). Sustek, Roman ; Kydland, Finn ; Garriga, Carlos.
    In: Discussion Papers.
    RePEc:cfm:wpaper:1625.

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  24. Monetary Policy According to HANK. (2016). Violante, Giovanni ; Moll, Benjamin ; Kaplan, Greg.
    In: Working Papers.
    RePEc:ceq:wpaper:1602.

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  25. Labor Market Frictions, Monetary Policy, and Durable Goods. (). Hertweck, Matthias ; Di Pace, Federico.
    In: Review of Economic Dynamics.
    RePEc:red:issued:18-237.

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References

References cited by this document

  1. A. THE RESPONSE OF DIFFERENT DEMOGRAPHIC GROUPS Wong (2014) explores de response of expenditures to monetary policy shocks by different demographic groups. In this Section, we replicate her results and decompose expenditures in durables and nondurables to check the soundness of our model. We find that nondurable expenditures respond very little to monetary policy expansions, as in the aggregate results—and consistent with our model. This is true for all demographic groups. Durable good expenditures are the key variable responding to monetary interventions. Consistent with our model, we find that the increase in expenditures during a monetary expansion is almost entirely driven by the response of young people; hence as in the model we present, the relative response of durables by the young vis-à-vis the old, increases significantly following an expansion. In what follows, we describe the data and approach.
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  2. Adam, K. and J. Zhu (2014). “Price Level Changes and the Redistribution of Nominal Wealth Across the Euro Area”, Journal of the European Economic Association, forthcoming.

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Cocites

Documents in RePEc which have cited the same bibliography

  1. The transmission of monetary policy through redistributions and durable purchases. (2018). Sterk, Vincent ; Tenreyro, Silvana.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:99:y:2018:i:c:p:124-137.

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  2. Austerity, Inequality, and Private Debt Overhang. (2017). Winkler, Roland ; Klein, Mathias.
    In: Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking.
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  3. Optimal Monetary Policy and Liquidity with Heterogeneous Households. (2017). Ragot, Xavier ; bilbiie, florin.
    In: Sciences Po publications.
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  4. Optimal Monetary Policy and Liquidity with Heterogeneous Households. (2017). Ragot, Xavier ; bilbiie, florin.
    In: Sciences Po Economics Discussion Papers.
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  5. Recovery from the Great Depression: The Farm Channel in Spring 1933. (2017). Wieland, Johannes ; Rhode, Paul ; Hausman, Joshua.
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  7. Regional Heterogeneity and Monetary Policy. (2017). Vavra, Joseph ; Hurst, Erik ; Fuster, Andreas ; Beraja, Martin .
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  10. Moving Closer or Drifting Apart: Distributional Effects of Monetary Policy. (2017). Schmidt, Joerg ; Rudel, Paul ; Hafemann, Lucas.
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  11. Welfare-Enhancing Distributional Effects of Central Bank Asset Purchases. (2017). Schabert, Andreas.
    In: Working Paper Series in Economics.
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  12. Household Debt and Monetary Policy: Revealing the Cash-Flow Channel. (2017). Vestman, Roine ; Flodén, Martin ; Sigurdsson, Josef ; Kilstrom, Matilda ; Floden, Martin .
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  13. Optimal Monetary Policy and Liquidity with Heterogeneous Households. (2017). Ragot, Xavier ; Bilbiie, Florin.
    In: Working Papers.
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  14. Optimal Monetary Policy and Liquidity with Heterogeneous Households. (2017). Ragot, Xavier ; Bilbiie, Florin.
    In: Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers).
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  15. Consumption inequality and its evolution in urban China. (2017). Zhao, DA ; He, Qiwei ; Wu, Tianhao.
    In: China Economic Review.
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  16. The New Keynesian Cross: Understanding Monetary Policy with Hand-to-Mouth Households. (2017). bilbiie, florin.
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  17. Optimal Monetary Policy and Liquidity with Heterogeneous Households. (2017). Ragot, Xavier ; bilbiie, florin.
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  18. Can the Central Bank Alleviate Fiscal Burdens?. (2017). Reis, Ricardo.
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  19. Effects of Monetary Policy Shocks on Inequality in Japan. (2017). Yamada, Tomoaki ; Sudo, Nao ; Inui, Masayuki .
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  20. Household debt: recent developments and challenges. (2017). Zabai, Anna .
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  21. Is there a debt service channel of monetary transmission?. (2017). Peersman, Gert ; Hofmann, Boris.
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  22. Incomplete Markets and Aggregate Demand. (2016). Werning, Ivan.
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  24. Housing and the Redistributive Effects of Monetary Policy. (2016). Hergovich, Philipp ; Reiter, Michael.
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  25. Nominal Rigidities in Debt and Product Markets. (2016). Garriga, Carlos ; Ustek, Roman ; Kydland, Finn E.
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  26. Nominal Rigidities in Debt and Product Markets. (2016). Sustek, Roman ; Kydland, Finn ; Garriga, Carlos.
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  27. The I Theory of Money. (2016). Brunnermeier, Markus ; Sannikov, Yuliy .
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  43. Optimal Automatic Stabilizers. (2016). Reis, Ricardo ; McKay, Alisdair.
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  44. Monetary Policy According to HANK. (2016). Violante, Giovanni ; Moll, Benjamin ; Kaplan, Greg.
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  45. The Transmission of Monetary Policy through Redistributions and Durable Purchases. (2016). Tenreyro, Silvana ; Sterk, Vincent.
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  46. How Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output*. (2016). Phillips, Gordon ; Herkenhoff, Kyle ; Cohen-Cole, Ethan .
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    RePEc:red:sed015:256.

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  52. Inflation Expectations and Consumption Expenditure. (2015). Weber, Michael ; D'Acunto, Francesco ; Hoang, Daniel.
    In: 2015 Meeting Papers.
    RePEc:red:sed015:1266.

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  53. Distributional Effects of Monetary Policy. (2015). Schneider, Martin ; Doepke, Matthias ; Selezneva, Veronika .
    In: 2015 Meeting Papers.
    RePEc:red:sed015:1099.

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  54. Mortgages and Monetary Policy. (2015). Sustek, Roman ; Kydland, Finn ; Garriga, Carlos.
    In: Working Papers.
    RePEc:qmw:qmwecw:wp751.

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  55. House Prices and Consumer Spending. (2015). Vavra, Joseph ; Lorenzoni, Guido ; Guerrieri, Veronica ; Berger, David.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:21667.

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  56. Do Banks Pass Through Credit Expansions to Consumers Who Want to Borrow?. (2015). Stroebel, Johannes ; Agarwal, Sumit ; Mahoney, Neale ; Chomsisengphet, Souphala.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:21567.

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  57. Incomplete Markets and Aggregate Demand. (2015). Werning, Iván.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:21448.

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  58. Do Banks Pass Through Credit Expansions? The Marginal Profitability of Consumer Lending During the Great Recession. (2015). Stroebel, Johannes ; Agarwal, Sumit ; Strobel, Johannes ; Mahoney, Neale ; Chomsisengphet, Souphala.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:10839.

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  59. Inflation, currency depreciation and households balance sheet in Uruguay. (2015). Odriozola, Juan ; Lluberas, Rodrigo.
    In: Documentos de trabajo.
    RePEc:bku:doctra:2015009.

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  60. The Transmission of Monetary Policy Operations through Redistributions and Durable Purchases. (2013). Tenreyro, Silvana ; Sterk, Vincent.
    In: Discussion Papers.
    RePEc:cfm:wpaper:1305.

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  61. The Transmission of Monetary Policy Operations through Redistributions and Durable Purchases. (2013). Tenreyro, Silvana ; Sterk, Vincent.
    In: CEP Discussion Papers.
    RePEc:cep:cepdps:dp1249.

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