Inequality, Sterezis and the Effectiveness of Macroeconomic Stabilization Policies

With big data, with much more granular observations, with more frequent observations, the frequency of data has now significantly increased. We are in a position to continue to conduct structural policies to reduce inequality. At the same time, we are capable of very specific interventions in specific areas of the population that can trigger a fall into poverty traps. And if we combine all this new type of data, new technologies, new platforms, new information with a rethinking of some of the traditional tools of fiscal policy, we can certainly improve the effectiveness of stabilization policies and monetary policies.