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Compression, however, has distributional consequences.
All monetary policy has distributional consequences.
There are distributional consequences of QE.
But it is a choice with pretty significant distributional consequences.
It does, however, highlight trade's distributional consequences.
However, he put the responsibility of addressing inequality squarely with the government, stating: "Every monetary policy action has distributional consequences.
Though for developed countries the distributional consequences are tricky if income inequality continues to widen.
"Global integration and competition have brought tremendous gains but carry distributional consequences that need to be addressed more effectively", Johnson said.
Contrary to some popular opinions, growth does not appear to have systematically adverse distributional consequences in average circumstances.
Different monetary systems imply different things for the price level in an economy, with vastly different distributional consequences.
Moreover, QE has undesirable distributional consequences, because it gives money to those who already have it, and whose current spending is little influenced by having more.
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CEO of Professional Science Editing for Scientists @ prosciediting.com