Author: Sylvio Kappes
Publisher: Edward Elgar Publishing
ISBN: 1800371934
Category : Business & Economics
Languages : en
Pages : 302
Book Description
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.
Central Banking, Monetary Policy and Income Distribution
Author: Sylvio Kappes
Publisher: Edward Elgar Publishing
ISBN: 1800371934
Category : Business & Economics
Languages : en
Pages : 302
Book Description
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.
Publisher: Edward Elgar Publishing
ISBN: 1800371934
Category : Business & Economics
Languages : en
Pages : 302
Book Description
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.
Distributional Effects of Monetary Policy
Author: Valentina Bonifacio
Publisher: International Monetary Fund
ISBN: 1513588850
Category : Business & Economics
Languages : en
Pages : 47
Book Description
As central banks across the globe have responded to the COVID-19 shock by rounds of extensive monetary loosening, concerns about their inequality impact have grown. But rising inequality has multiple causes and its relationship with monetary policy is complex. This paper highlights the channels through which monetary policy easing affect income and wealth distribution, and presents some quantitative findings about their importance. Key takeaways are: (i) central banks should remain focused on macro stability while continuing to improve public communications about distributional effects of monetary policy, and (ii) supportive fiscal policies and structural reforms can improve macroeconomic and distributional outcomes.
Publisher: International Monetary Fund
ISBN: 1513588850
Category : Business & Economics
Languages : en
Pages : 47
Book Description
As central banks across the globe have responded to the COVID-19 shock by rounds of extensive monetary loosening, concerns about their inequality impact have grown. But rising inequality has multiple causes and its relationship with monetary policy is complex. This paper highlights the channels through which monetary policy easing affect income and wealth distribution, and presents some quantitative findings about their importance. Key takeaways are: (i) central banks should remain focused on macro stability while continuing to improve public communications about distributional effects of monetary policy, and (ii) supportive fiscal policies and structural reforms can improve macroeconomic and distributional outcomes.
The Future of Central Banking
Author: Kappes, Sylvio
Publisher: Edward Elgar Publishing
ISBN: 1839100931
Category : Business & Economics
Languages : en
Pages : 415
Book Description
Part of The Elgar Series on Central Banking and Monetary Policy, this book explores challenges surrounding central banking today. It goes beyond the immediate concerns with monetary policy and focuses instead on the concept of central banking more generally.
Publisher: Edward Elgar Publishing
ISBN: 1839100931
Category : Business & Economics
Languages : en
Pages : 415
Book Description
Part of The Elgar Series on Central Banking and Monetary Policy, this book explores challenges surrounding central banking today. It goes beyond the immediate concerns with monetary policy and focuses instead on the concept of central banking more generally.
Central Banking, Monetary Policy and Gender
Author: Louis-Philippe Rochon
Publisher: Edward Elgar Publishing
ISBN: 1803927917
Category : Business & Economics
Languages : en
Pages : 253
Book Description
Central Banking, Monetary Policy and Gender uniquely explores the ways in which monetary policies, changes in interest rates and unconventional monetary strategies such as quantitative easing affect women. This groundbreaking book analyses the inner organisation of central banks, considering for the first time how banking transmission mechanisms operate in relation to gender, investigating issues of power, income, wealth inequality and labour market dynamics.
Publisher: Edward Elgar Publishing
ISBN: 1803927917
Category : Business & Economics
Languages : en
Pages : 253
Book Description
Central Banking, Monetary Policy and Gender uniquely explores the ways in which monetary policies, changes in interest rates and unconventional monetary strategies such as quantitative easing affect women. This groundbreaking book analyses the inner organisation of central banks, considering for the first time how banking transmission mechanisms operate in relation to gender, investigating issues of power, income, wealth inequality and labour market dynamics.
Innocent Bystanders? Monetary Policy and Inequality in the U.S.
Author: Mr.Olivier Coibion
Publisher: International Monetary Fund
ISBN: 1475505493
Category : Business & Economics
Languages : en
Pages : 57
Book Description
We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total income, consumption and total expenditures. Furthermore, monetary shocks can account for a significant component of the historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we document the different channels via which monetary policy shocks affect inequality, as well as how these channels depend on the nature of the change in monetary policy.
Publisher: International Monetary Fund
ISBN: 1475505493
Category : Business & Economics
Languages : en
Pages : 57
Book Description
We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total income, consumption and total expenditures. Furthermore, monetary shocks can account for a significant component of the historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we document the different channels via which monetary policy shocks affect inequality, as well as how these channels depend on the nature of the change in monetary policy.
Central Banking, Monetary Policy and Social Responsibility
Author: Vallet, Guillaume
Publisher: Edward Elgar Publishing
ISBN: 180037223X
Category : Business & Economics
Languages : en
Pages : 243
Book Description
Part of The Elgar Series on Central Banking and Monetary Policy, this book explores the relationship between central banking, monetary policy and the economy at large. It focuses on the specific relationship between central banking, monetary policy and social responsibility as central banks wake up to new realities
Publisher: Edward Elgar Publishing
ISBN: 180037223X
Category : Business & Economics
Languages : en
Pages : 243
Book Description
Part of The Elgar Series on Central Banking and Monetary Policy, this book explores the relationship between central banking, monetary policy and the economy at large. It focuses on the specific relationship between central banking, monetary policy and social responsibility as central banks wake up to new realities
The Political Economy of Central Banking
Author: Gerald Epstein
Publisher: Edward Elgar Publishing
ISBN: 1788978412
Category : Business & Economics
Languages : en
Pages : 576
Book Description
Central banks are among the most powerful government economic institutions in the world. This volume explores the economic and political contours of the struggle for influence over the policies of central banks such as the Federal Reserve, and the implications of this struggle for economic performance and the distribution of wealth and power in society.
Publisher: Edward Elgar Publishing
ISBN: 1788978412
Category : Business & Economics
Languages : en
Pages : 576
Book Description
Central banks are among the most powerful government economic institutions in the world. This volume explores the economic and political contours of the struggle for influence over the policies of central banks such as the Federal Reserve, and the implications of this struggle for economic performance and the distribution of wealth and power in society.
Money, Income and Monetary Policy
Author: Edward Stone Shaw
Publisher:
ISBN: 9781258413668
Category :
Languages : en
Pages : 674
Book Description
Publisher:
ISBN: 9781258413668
Category :
Languages : en
Pages : 674
Book Description
Central Banking, Monetary Policy and the Future of Money
Author: Vallet, Guillaume
Publisher: Edward Elgar Publishing
ISBN: 1800376405
Category : Business & Economics
Languages : en
Pages : 325
Book Description
Part of The Elgar Series on Central Banking and Monetary Policy, this book explores the relationship between central banking, monetary policy and the economy at large, focusing on the specific relationship between central banking, monetary policy and the future of money.
Publisher: Edward Elgar Publishing
ISBN: 1800376405
Category : Business & Economics
Languages : en
Pages : 325
Book Description
Part of The Elgar Series on Central Banking and Monetary Policy, this book explores the relationship between central banking, monetary policy and the economy at large, focusing on the specific relationship between central banking, monetary policy and the future of money.
The Federal Reserve System Purposes and Functions
Author: Board of Governors of the Federal Reserve System
Publisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0
Book Description
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Publisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0
Book Description
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.