Did Quantitative Easing Increase Income Inequality

  title={Did Quantitative Easing Increase Income Inequality},
  author={Juan Antonio Montecino and Gerald A. Epstein},
The impact of the post-meltdown Federal Reserve policy of ultra-low interest rates and Quantitative Easing (QE) on income and wealth inequality has become an important policy and political issue. Critics have argued that by raising asset prices, near-zero interest rates and QE have significantly contributed to increases in inequality, while practitioners of central banking, counter that the distributional impact have probably been either neutral or even egalitarian in nature due to its… 
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