Federal Reserve Bank of Richmond: 'Minority Inflation, Unemployment, and Monetary Policy'
January 18, 2025
January 18, 2025
RICHMOND, Virginia, Jan. 18 (TNSres) -- The Federal Reserve Bank of Richmond issued the following white paper (No. 24-16) in December 2024 by Munseob Lee, Claudia Macaluso and Felipe F. Schwartzman entitled "Minority Inflation, Unemployment, and Monetary Policy."
Here are excerpts:
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Our paper addresses the heterogeneous effects of monetary policy on households of different races. The cyclical volatility of real income differs significantly fo . . .
Here are excerpts:
* * *
Our paper addresses the heterogeneous effects of monetary policy on households of different races. The cyclical volatility of real income differs significantly fo . . .