Search results for "bancos cooperativos"
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Monetary policy and inequality from an inclusive and social banking perspective
2021
This doctoral thesis empirically evaluates the effects of monetary policy on income and wealth inequality in two of the main monetary areas of the world: the Eurozone and the United States. Moreover, in the case of the Eurozone, the interaction between the dynamics of income inequality and banking activity is evaluated, distinguishing between banking structures. Specifically, I empirically assess whether cooperative banks have a differential impact on the evolution of inequality with respect to other banking structures such as commercial banks or savings banks. Different macroeconometric (SVAR, Proxy SVAR) and microeconometric (simulations and estimations with panel data) methodologies have…