We ask three questions about the connection between monetary policy and inequality. First,
does monetary policy affect inequality? While different households respond to changes in …

THANK is a tractable heterogeneous-agent New-Keynesian model that captures analytically
core micro-heterogeneity channels of quantitative-HANK: cyclical inequality and risk; self …

We characterize optimal policy rules in business-cycle models with nominal rigidities and
heterogeneous households. The derived rules are expressed in terms of the causal effects …

This study examined the role of monetary policy in addressing climate change in the East
African Community using a time series approach. The empirical evidence shows that …

Inflation has heterogeneous impacts on households, which then affects optimal monetary
policy design. I study optimal monetary policy rules in a quantitative heterogeneous agent …

We build a New Keynesian business-cycle model with rich household heterogeneity. In the
model, systematic monetary stabilization policy affects the distribution of income, income …

We derive optimal monetary and fiscal policies in a heterogeneous-agent economy with
nominal frictions and aggregate shocks, and allowing for a rich set of fiscal tools. We first …

We analyze Ramsey-optimal monetary policy under commitment in an economy with
uninsurable idiosyncratic risk, long-term nominal bonds and costly inflation. Our model …

Abstract We build a New Keynesian model in which heterogeneous workers differ with
regard to their employment status due to search and matching frictions in the labor market …

Abstract We develop a New Keynesian model with household heterogeneity and bounded
rationality in the form of cognitive discounting. The interaction of household heterogeneity …