The impact of monetary policy on income inequality: Does inflation targeting matter?

Tavares Garcia, Francisco; Cross, Jamie L.

doi:10.1016/j.frl.2024.105006

Finance Research Letters

2024

DOI: 10.1016/j.frl.2024.105006

|View full text |Cite

The impact of monetary policy on income inequality: Does inflation targeting matter?

Francisco Tavares Garcia,

Jamie L. Cross

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2024

2025

Publication Types

Select...

Article2

Relationship

Self Cite0

Independent2

Authors

Journals

Cited by 2 publications

References 15 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

Energy poverty and the green energy transition's impact upon income inequality in Latin America

Soto,

Martinez-Cobas

2025

Structural Change and Economic Dynamics

View full text Add to dashboard Cite

Energy poverty and the green energy transition's impact upon income inequality in Latin America

Soto,

Martinez-Cobas

2025

Structural Change and Economic Dynamics

View full text Add to dashboard Cite

Impacto macroeconómico de la dolarización en el Ecuador durante el período 2006-2023

Urdaneta Montiel,

Prieto Pulido,

Guerrero Ríos

et al. 2024

Telos

View full text Add to dashboard Cite

The macroeconomic impact is crucial for determining the well-being of a country. Analyzing variables such as Gross Domestic Product (GDP), inflation, unemployment, investment, and foreign trade allows for an assessment of a nation's economic health and financial stability. This article aims to analyze the impact of dollarization in Ecuador between 2006 and 2023. Adopted in 2000 to stabilize the economy and attract foreign investment; dollarization presented monetary and fiscal policy challenges. Authors like Cachanosky and Alvarado highlight the challenges in fiscal control and the relationship between exports and external income. The study employs a quantitative methodology, with regression analysis and time series based on data from the Central Bank of Ecuador. The results show moderate GDP growth and gross investment, as well as fluctuations in liquidity and credit to the private sector, along with persistent inequality in income distribution. The conclusions indicate that while dollarization has contributed to stability, it has limited the country's monetary autonomy. Additionally, dependence on external factors, such as U.S. monetary policy, has affected Ecuador's economic stability. The importance of diversifying the economy, promoting policies that foster sustainable and equitable growth, and reducing vulnerability to external fluctuations is emphasized.

show abstract

scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.

Contact Info

customersupport@researchsolutions.com

10624 S. Eastern Ave., Ste. A-614

Henderson, NV 89052, USA

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Blog Terms and Conditions API Terms Privacy Policy Contact Cookie Preferences Do Not Sell or Share My Personal Information

Made with 💙 for researchers

Part of the Research Solutions Family.

The impact of monetary policy on income inequality: Does inflation targeting matter?

Cited by 2 publications

References 15 publications

Energy poverty and the green energy transition's impact upon income inequality in Latin America

Energy poverty and the green energy transition's impact upon income inequality in Latin America

Impacto macroeconómico de la dolarización en el Ecuador durante el período 2006-2023

Contact Info

Product

Resources

About