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Higher interest rates worsen income inequality, according to research by Haroon Mumtaz and Angeliki Theophilopoulou presented to the annual congress of the European Economic Association in Mannheim in August 2015. Their study also looks at the effect of quantitative easing (QE) on income inequality and concludes that in contrast to conventional policy, QE has probably increased inequality.
- Economics
- In the News
- Monetary policy
- Economic Inequality
- Poverty and inequality
- Quantitative easing (QE)
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
Our subjects
- › Business
- › Criminology
- › Economics
- › Geography
- › Health & Social Care
- › History
- › Law
- › Politics
- › Psychology
- › Sociology
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