Tesi etd-09182016-173149 |
Link copiato negli appunti
Tipo di tesi
Tesi di laurea magistrale
Autore
PALLOTTI, FILIPPO
URN
etd-09182016-173149
Titolo
Aggregate consumption responses to inflation with household heterogeneity
Dipartimento
ECONOMIA E MANAGEMENT
Corso di studi
ECONOMICS
Relatori
relatore Prof. Fiaschi, Davide
Parole chiave
- monetary policy
- inflation
- heterogeneous agents
- redistribution
Data inizio appello
03/10/2016
Consultabilità
Non consultabile
Data di rilascio
03/10/2025
Riassunto
Since inflation is redistributive, do we see in the data after an inflationary shock reductions in consumption by net nominal “savers” and increases in consumption by net nominal “borrowers”, as standard consumer theory would suggest?
If yes, is the reduction of savers’ consumption prevailing at the aggregate level, since households have on average a positive net nominal position (Pigou hypothesis), or is the increase in consumption by nominal borrowers more important, since they tend to have an higher MPC (Tobin-Fisher hypothesis)?
If yes, is the reduction of savers’ consumption prevailing at the aggregate level, since households have on average a positive net nominal position (Pigou hypothesis), or is the increase in consumption by nominal borrowers more important, since they tend to have an higher MPC (Tobin-Fisher hypothesis)?
File
| Nome file | Dimensione |
|---|---|
La tesi non è consultabile. |
|