The objective of this paper is to assess whether the level of unionization and the rigidity of the exchange rate …

between (possibly) non-neutral money and wealth and income inequality. In this work, a dynamic general equilibrium model … approach is used to study the effects of an inflation rate change on inequality. These effects are found to be temporary and to … changes on inequality. Second, an indirect effect results from different capital intensities in industrial branches and …

effects it can have on wealth inequality, measured as the share of wealth of the top 10% of the population. Our results … suggest that QE, by lowering interest rates and boosting equity prices, has potentially increased wealth inequality, while the …