Central Banking, Monetary Policy and Income Distribution

Edited by Sylvio Kappes, Louis-Philippe Rochon and Guillaume Vallet

in Books from Edward Elgar Publishing

Abstract: Part of The Elgar Series on Central Banking and Monetary Policy, this book explores the relationship between central banking, monetary policy and income distribution. The usual central bank mandate – that of exclusively fighting inflation – is being increasingly questioned by policymakers and academics. Many countries are finding that there is a need for broader mandates that will have an impact on economic activity, unemployment and other economic issues.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2023
ISBN: 9781800371927
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Citations: View citations in EconPapers (1)

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Chapters in this book:

Ch 1 A primer on monetary policy and its effect on income distribution: a heterodox perspective , pp 20-34

Louis-Philippe Rochon and Mario Seccareccia

Ch 2 Monetary policy and functional income distribution: a Marxist view , pp 35-56

Marcelo Milan

Ch 3 Savings glut, secular stagnation, demographic reversal, and inequality: beyond conventional explanations of lower interest rates , pp 57-80

Mat'as Vernengo

Ch 4 The evolution of monetary institutions and of the theory of money: the value of a monetary theory of production and distribution , pp 81-113

Michel Betancourt, Santiago Capraro, Carlo Panico and Luis Daniel Torres-González

Ch 5 Monetary policy and the distribution of income in a transfer theory of debt , pp 114-126

Jan Toporowski

Ch 6 Monetary policy and income distribution , pp 128-138

James K. Galbraith

Ch 7 The rate of interest and income distribution: an examination of the Pasinetti index in Latin America , pp 139-163

Noemi Levy-Orlik and Jorge Bustamante

Ch 8 Why central bank policy is not income-distribution 'neutral': history, theory and practice , pp 164-189

Mario Seccareccia and Guillermo Matamoros Romero

Ch 9 Advancing the monetary policy toolkit through outright transfers and tiered reserve remuneration , pp 191-241

Sascha Bützer

Ch 10 On interest and interest-rate policy , pp 242-260

Massimo Pivetti

Ch 11 The distributional impacts of inflation-targeting strategies , pp 261-273

Sergio Rossi

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Persistent link: https://EconPapers.repec.org/RePEc:elg:eebook:20016

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