arbiter
JournalsAccount

Monetary policy over the lifecycle

R. Anton Braun & Daisuke Ikeda

Review of Economic Dynamics2025https://doi.org/10.1016/j.red.2025.101274article
AJG 3ABDC A*
Weight
0.46

Abstract

We propose a quantitative model of monetary policy over the lifecycle with endogenous portfolio choices. Our model reproduces the average age profiles of asset portfolios, the empirical responses of aggregate variables, and the microeconomic responses of different age groups to a tightening in monetary policy. Households disagree about the benefits of a tighter monetary policy. Consumption and welfare of older age groups increase, but consumption and welfare of younger households fall.

4 citations

Open via your library →

Cite this paper

https://doi.org/https://doi.org/10.1016/j.red.2025.101274

Or copy a formatted citation

@article{r.2025,
  title        = {{Monetary policy over the lifecycle}},
  author       = {R. Anton Braun & Daisuke Ikeda},
  journal      = {Review of Economic Dynamics},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1016/j.red.2025.101274},
}

Paste directly into BibTeX, Zotero, or your reference manager.

Flag this paper

Monetary policy over the lifecycle

Flags are reviewed by the Arbiter methodology team within 5 business days.

Evidence weight

0.46

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.37 × 0.4 = 0.15
M · momentum0.57 × 0.15 = 0.09
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.