Goodin (Eds.), The Oxford handbook of public policy (Vol. 6, pp. 607–623). Oxford: Oxford University Press.Sefton, T. (2006), `Distributive and redistributive policy', In M. Moran, M. Rein and R.E. Goodin (eds.) The Oxford Handbook of Public Policy. Oxford: O...
The receivers of the newly created money who first have the opportunity to use it in market transactions are beneficiaries of the monetary policy. Thus, how newly created money is injected is of first-order importance in determining who benefits and the overall distributive effects. As Oskar Morge...