Tehran Institute for Advanced Studies (TEIAS)

/ The Heterogeneous Effects of Monetary Policy Shocks: Microeconometric Evidence __ Niklas Amberg

Talk

The Heterogeneous Effects of Monetary Policy Shocks: Microeconometric Evidence

تیاس

February 08, 2021
(20 Bahman, 1399)

13:30

Venue

This Talk is online

Registration Deadline

February 07, 2021

+982189174612

Niklas Amberg

Research Division, Monetary Policy Department, Sveriges Riksbank, Stockholm, Sweden

Overview

This paper uses Swedish individual-level registry data to study the heterogeneous income effects of monetary policy shocks. The main purpose of the project is to document how the individual-level income effects of monetary policy shocks depend on an individual’s position in the income distribution. Hence, the findings of the project have implications for macroeconomic modelling as well as for policy-related issues regarding the distributional effects of monetary policy.

Biography

تیاس

Niklas joined the research division in January 2020. Prior to joining the Riksbank, he spent three years as a post-doctoral researcher at the Department of Finance/Swedish House of Finance at the Stockholm School of Economics. He holds a B.Sc. and a Ph.D. in economics from the Stockholm School of Economics. Most of Niklas’ research uses large-scale registry data on individuals, firms, and banks to address questions in applied microeconomics and financial economics. His current projects deal with topics such as the heterogeneous income effects of monetary policy shocks, inter-firm liquidity risk sharing using trade credit, and the effects of financial constraints on firms’ price-setting behavior.

Video