Out of many, one? Household debt, redistribution and monetary policy during the economic slump

Speech

Out of many, one? Household debt, redistribution and monetary policy during the economic slump

BIS speech | 28 June 2015by Amir SufiPDF full text (306kb) | 25 pagesAndrew Crockett Memorial Lecture, delivered by Mr Amir Sufi, Professor of Finance, University of Chicago, on the occasion of the Bank's Annual General Meeting, Basel, 28 June 2015. This lecture was followed by a panel discussion on "Monetary policy and household demand".

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