D33 - Factor Income DistributionNávrat zpět

The relationship between monetary policy and inequality has received limited attention in the economics literature. This study aims to contribute to the literature by examining the relationship between monetary policy and income inequality in developing countries, specifically by analysing the results of the Turkish experiment. The local projection method was used to determine the relationship between monetary policy shocks, obtained through the VAR model, and the calculated inequality measures. The main findings of the study suggest that monetary policy can potentially influence the distribution of total income, particularly when the monetary policy shock is significant. The results indicate that monetary policy has a significant impact on income distribution, favouring property income. Moreover, this effect is most pronounced among the highest-income group, highlighting the heterogeneous nature of the impact across different income groups. However, the middle 20% group experiences the sharpest deterioration in income distribution following monetary policy shocks.

Theory of redistribution systems is an application and at the same time extension of Game Theory. It deals with functioning of institutions, establishments, firms and others social systems, in that pay-offs are redistributed in contrast to achievement of individual players. The redistribution is usually allowed by a coalition, formed inside of redistribution system, that disposes of dominance over the pay-offs' redistribution. Model of Elementary Redistribution System composes of three players bringing interesting and usable knowledge. The achievements of players are divided in the rate of simple numbers. Redistribution equation describing all possibilities of pay-offs' redistribution in Elementary Redistribution System and enabling to create and to test a computerized model of Elementary Redistribution System. Based on that, it is possible to model different types of bargaining, kinds of equilibrium - including Pareto optionality and Nash equilibrium - and in connection with it also chaining of simple redistribution systems into the combined ones. Model of Elementary Redistribution System is possible to extend into many branches and use it for description of behaviour of realistic social systems, especially by solving problems concerning the possibility to increase efficiency of its functioning.