Inequality Hysteresis: how can central banks contribute to an equitable society?

Contributor(s): Dr Luiz Awazu Pereira da Silva, Dr Deniz Igan, Dr Benoit Mojon | The debate is intensified by deep recessions related to the COVID-19 pandemic and resurgent food and energy inflation increasing cost of living in 2022, which unequally impact different groups within society. This event marks the launch of the book Inequality Hysteresis, which highlights a new facet of inequality: its persistence or ‘hysteresis’ after recessions.