< Back to previous page
Project
An empirical investigation of how corporate financialization, wealth inequality and the distribution of stakeholder power shape aggregate demand, interact with ECB policies and influence the climate transition.
We will
1. document corporate financialization in the Euro Area, test its impact on investments, inequality and demand.
2. investigate how QE contributed to these trends and how the unequal distribution of stakeholder power hampers the ECB in reaching its target.
3. analyze the risks and opportunities of corporate financialization, wealth inequalities and current monetary policies for the climate transition.
Date:1 Feb 2022 → Today
Keywords:Sustainability, Unconventional Monetary Policy, Wealth Inequality, Stakeholder Power, Ecological Macroeconomics, Income Inequality, Post-Keynesian Economics, Aggregate Demand, Financialization
Disciplines:Consumption, saving, production, investment, labour markets and informal economy, Monetary policy, central banking and the supply of money and credit, Heterodox approaches, Distribution, Political economy