But even something as ‘macro’ as the transmission of monetary policy turns out to depend strongly on distributional considerations (Hughson et al 2016).
So the Reserve Bank spends a lot of time and resources examining household survey data and other micro-data to inform our macro understanding; some of that work has explicitly touched on inequality as the subject of interest (Dollman et al 2015), while other work has noted the effect of macro-level developments on inequality (La Cava 2016).