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摘要翻译：
本文采用一种新的计量方法，基于微观层面的家庭分组数据和宏观经济数量的动态，联合估计基尼系数，检验了货币政策对日本收入不平等的影响。我们的结果表明，不同类型的家庭对收入不平等的影响不同：当收入数据基于户主是就业的家庭（工人家庭）时，货币紧缩加剧了不平等，而当考虑更广泛的家庭定义时，这种影响在中期逆转。传输通道相对强度的差异可以解释这一发现。最后，我们证明了所提出的联合估计策略导致更多的信息推断，而基于常用的两步估计方法的结果不是结论性的。
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英文标题：
《How does monetary policy affect income inequality in Japan? Evidence
from grouped data》
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作者：
Martin Feldkircher and Kazuhiko Kakamu
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最新提交年份：
2021
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分类信息：
一级分类：Economics 经济学
二级分类：Econometrics 计量经济学
分类描述：Econometric Theory, Micro-Econometrics, Macro-Econometrics, Empirical Content of Economic Relations discovered via New Methods, Methodological Aspects of the Application of Statistical Inference to Economic Data.
计量经济学理论，微观计量经济学，宏观计量经济学，通过新方法发现的经济关系的实证内容，统计推论应用于经济数据的方法论方面。
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英文摘要：
We examine the effects of monetary policy on income inequality in Japan using a novel econometric approach that jointly estimates the Gini coefficient based on micro-level grouped data of households and the dynamics of macroeconomic quantities. Our results indicate different effects on income inequality for different types of households: A monetary tightening increases inequality when income data is based on households whose head is employed (workers' households), while the effect reverses over the medium term when considering a broader definition of households. Differences in the relative strength of the transmission channels can account for this finding. Finally we demonstrate that the proposed joint estimation strategy leads to more informative inference while results based on the frequently used two-step estimation approach yields inconclusive results.
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PDF链接：
https://arxiv.org/pdf/1803.08868
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