Olivia
Online
Christian Bustamante
@cdbusta
Economista. Working on heterogeneous agent macro, firm dynamics, and monetary policy. Views are my own
Ottawa, Ontario
Joined November 2011
360 Following
155 Followers
31 Posts
@daniela_vidart Grande Daniela!
The Lisbon Macro Workshop is back! Finish your summer strong in sunny Lisbon ☀️
@daniela_vidart Tremendo. Rompiendola como siempre!
@JCParraAlvarez Muchas gracias, profe!
Very happy to see this paper out in the JME!
The Long-Run Redistributive Effects of Monetary Policy
You can check it out here 👉 https://t.co/srSg2dxHGw
Short thread 🧶 about the paper below.
1/5
@luiserojasd Gracias, Lucho! Hablamos pronto!
@daniela_vidart Muchas gracias, Dani!
@caroartc Gracias, MC!
@socampdi Gracias, Serginho!
@ttwwecon Thanks, Tao!
@amina_enkhbold Thank you, Amina!
@HeejeongKimEcon Thanks, H!
@agutieda 😂😂😂 Gracias, Angelus!
@cpossosu Gracias, Christian!
Lower levels of trend inflation are welfare-improving. Wealth is distributed more evenly as nominal assets lose their value less rapidly. Thus, the welfare cost of inflation rises alongside the dispersion in agents’ wealth.
5/5
Higher levels of wealth inequality increase the macro incidence of inefficiencies in decentralized trading.
4/5
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