The Symposium brings together researchers in academia and the central banking community to discuss the extent to which accounting for households’ heterogeneity—in particular inequality in income and wealth—changes our approach to macroeconomics. Specifically, the Symposium will investigate the effect of monetary and fiscal policy on inequality, with particular emphasis on the lessons learned from the COVID-19 pandemic. It will also address the implications of heterogeneity for the transmission of monetary and fiscal policy, with a focus on recent policies, such as the CARES Act and average inflation targeting.
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The Effect of Monetary and Fiscal Policy on Inequality
The Effect of Heterogeneity and Inequality on the Transmission of Monetary and Fiscal Policy
This conference is open to academics, researchers and central bankers. There will be opportunities for Q&A during the event.
This event is open to the media. All remarks are on the record and the event will be recorded. Media who wish to attend should contact Mariah Measey at the New York Fed, Mariah.Measey@ny.frb.org
This will be a virtual event.
Marco Del Negro, Federal Reserve Bank of New York
Keshav Dogra, Federal Reserve Bank of New York
Laura Pilossoph, Federal Reserve Bank of New York
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