Let me assure you that the Bank of Lithuania is ready to contribute with its expertise. I am sure that members of the academia, policymakers and representatives of the private sector participating in today’s conference will add to this by sharing their knowledge as well.
But the distribution of income and wealth may have important implications for macroeconomic developments, such as the evolution of consumption, which is the single biggest engine of growth in our economy. That is why the Federal Reserve has a significant interest in understanding distributional developments and their implications.