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How does monetary policy affect income and wealth inequality? Evidence from q...
This paper evaluates the impact of quantitative easing on income and wealth of individual euro area households. We first estimate the aggregate effects of a QE shock, identified... -
Does banknote quality affect counterfeit detection? Experimental evidence fro...
This paper investigates whether a clean banknote circulation helps the general public to more easily detect counterfeits. We conducted an experimental study with 250 consumers...