Topic Monetary Policy

Recessions cause substantial economic pain through elevated unemployment and financial distress for individuals, families, and businesses. Monetary policy is a primary tool that U.S. policymakers use to support the macroeconomy and reduce the pain of economic downturns. Equitable Growth works to improve our understanding of how monetary policy affects the business cycle, unemployment, and inequality to deliver robust, broad-based economic growth.

Featured work

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What are the distributional effects of monetary policy?

Tax & Macroeconomics
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The Fed is aggressively but perhaps deliberately playing catch-up on inflation

Tax & Macroeconomics
TOPICS: Monetary Policy
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The impact of different inflationary pressures due to income inequality and racial disparities in the United States today

Inequality & MobilityTax & Macroeconomics
Vision 2020

Good U.S. monetary policy can’t fix bad U.S. fiscal policy

Inequality & MobilityTax & Macroeconomics
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Why Americans need to know more about the Federal Reserve

Inequality & MobilityLaborTax & Macroeconomics
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Planning for the next recession by reforming U.S. automatic stabilizers

Tax & MacroeconomicsFamiliesLabor

Explore Content in Monetary Policy232

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U.S. inflationary trends amid the COVID-19 pandemic

Tax & Macroeconomics
TOPICS: Monetary Policy
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A review of federal lending to small business owners of color during the COVID-19 pandemic

Tax & MacroeconomicsInequality & Mobility
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Early evidence on federal government income supports for U.S. individuals, workers, and families during the COVID-19 pandemic

FamiliesLaborTax & Macroeconomics
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What are the distributional effects of monetary policy?

Tax & Macroeconomics
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Monetary Policy, Labor Income Redistribution and the Credit Channel: Evidence from Matched Employer-Employee and Credit Registers

Tax & Macroeconomics
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The Fed is aggressively but perhaps deliberately playing catch-up on inflation

Tax & Macroeconomics
TOPICS: Monetary Policy
grant

Monetary Policy and the Dynamics of Wealth Inequality

Tax & Macroeconomics
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Inequality and Targeting of Disaggregated Policy

Tax & Macroeconomics
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Policymakers tackling inflation can’t overlook the impact of higher interest rates on the U.S. child care market

FamiliesTax & Macroeconomics
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Factsheet: Is the U.S. economy in a recession, and how does recession dating work?

Inequality & MobilityTax & Macroeconomics
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NBER Summer Institute 2022 Round-up: Week 3

Inequality & MobilityTax & MacroeconomicsLabor
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NBER Summer Institute 2022 Round-up: Week 2

CompetitionInequality & MobilityTax & MacroeconomicsLabor
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