How can central banks ensure that contractionary policies do not disproportionately harm vulnerable populations?

Jan 10, 2023 ... Specifically, we identify a contractionary monetary policy shock that coincides with a decrease in the supply of loans (MP Loan Supply) and ... Mar 4, 2025 ... Bangladesh's central bank has decided to continue with a contractionary monetary policy for the January-June period, until the desired level of inflation is ... A contractionary MP shock decreases output and inflation rates even under the ELB. •. However, the effects of identified MP shocks on macroeconomic variables ... Apr 21, 2023 ... Specifically, we find that total household consumption begins to decline five days after a contractionary monetary policy shock. Consumption ... Aug 17, 2020 ... ... policy instrument. When the spread is used as a policy instrument, I find that contractionary monetary policy has a significant negative ... May 7, 2023 ... The government has two ways to dial back the problem: Contractionary fiscal policy and contractionary monetary policy. Mar 7, 2023 ... How Can Fiscal Policy Support Monetary Policy? Fiscal policy can ... contractionary fiscal policy — with a host of spending and revenue ... In conclusion, contractionary monetary policy causes interest rates to rise because it decreases the money supply, making loans more expensive and leading ... policy on output is answered clearly: contractionary monetary policy leads to contractions in real GDP. H. Uhlig / Journal of Monetary Economics 52 (2005) 381– ... Apr 12, 2023 ... Also known as tight monetary policy, contractionary policy decreases a nation's money supply to curb rampant inflation and keep the economy in ...