| Name: | Description: | Size: | Format: | |
|---|---|---|---|---|
| 447.2 KB | Adobe PDF |
Authors
Advisor(s)
Abstract(s)
O objetivo do trabalho é analisar a relação entre política monetária e seus canais de transmissão para a desigualdade de renda e de riqueza nos países da zona do Euro. Nós analisamos três dos principais canais identificados pela literatura (Earnings Heterogeneity, Portfolio Composition e Income Composition) que possam explicar como as decisões de política monetária podem afetar as distribuições de renda e riqueza. No nosso trabalho empírico também incluímos uma regressão conjunta com todas as nossas variáveis explicativas com o objetivo de entender o impacto dos canais supracitados de forma combinada.
This dissertation aims at analysing the relation between monetary policy and its transmission channels on both income and wealth inequality for the Euro Area. We analysed three different channels identified by the literature (Income, Portfolio and Earnings Heterogeneity) that might explain how monetary policy decisions may affect wealth and income distribution. In this empirical research we also set up a fourth regression combining all our selected explanatory variables with the goal of studying the impact of the aforementioned channels combined.
This dissertation aims at analysing the relation between monetary policy and its transmission channels on both income and wealth inequality for the Euro Area. We analysed three different channels identified by the literature (Income, Portfolio and Earnings Heterogeneity) that might explain how monetary policy decisions may affect wealth and income distribution. In this empirical research we also set up a fourth regression combining all our selected explanatory variables with the goal of studying the impact of the aforementioned channels combined.
Description
Mestrado em Economia Monetária e Financeira
Keywords
Política Monetária Desigualdade Europa Riqueza Renda Monetary Policy Inequality Europe Wealth Income
Pedagogical Context
Citation
Silva, Tomás Neves Henrique (2020). "Income and wealth inequality : analyses of monetary policy channels role". Dissertação de Mestrado. Universidade de Lisboa. Instituto Superior de Economia e Gestão.
Publisher
Instituto Superior de Economia e Gestão