1st Edition

Monetary Policy and Income Distribution

192 Pages
by Routledge

192 Pages
by Routledge

192 Pages
by Routledge

This book brings together a number of well-known post-Keynesian scholars who discuss the impact of monetary policy on both personal and functional distribution of income and even the gendered effect of monetary policy. The impact of monetary policy (changes in interest rates) on income distribution is increasingly being recognized as a legitimate channel of monetary policy... Read more

Introduction: Monetary Policy and Income Distribution

Sylvio Kappes, Louis-Philippe Rochon and Guillaume Vallet

 

1. Monetary Policy and Income Distribution: The Post-Keynesian and Sraffian Perspectives

Antonino Lofaro, Guillermo Matamoros and Louis-Philippe Rochon

 

2. The Distributive Monetary Analysis of a (Un)sustainable Economy

Samuele Bibi

 

3. Foreign Price Shocks and Inflation Targeting: Effects on Income and Inflation Inequality

Lilian Rolim and Nathalie Marins

 

4. Dealing with Rising Inequality: Is the Fed Up for the Task, or Will Everyone Get Fed Up?

Steven Pressman

 

5. Monetary Policy and the Gender and Racial Employment Dynamics in Brazil

Patricia Couto and Clara Brenck

 

6. Monetary Policy and Income Distribution in a Multisectoral AB-SFC Model

Matheus Trotta Vianna

 

7. Are Firm Markups Boosting Inflation? A Post-Keynesian Institutionalist Approach to Markup Inflation in Select Industrialized Countries

Guillermo Matamoros

 

 

 

Biography

Sylvio Kappes is Professor of Macroeconomics at the Federal University of Alagoas, Brazil. His main areas of research are stock-flow consistent models, monetary economics and post-Keynesian Economics. He is co-editor of the Review of Political Economy.

Louis-Philippe Rochon is Full Professor of Economics at Laurentian University, Sudbury, Canada, where he has been teaching since 2004. He is the editor-in-chief of the Review of Political Economy. He is the Founding Editor (now Emeritus) of the Review of Keynesian Economics. He has widely published in post-Keynesian economics, and monetary theory and policy. He has been Visiting Professor in over a dozen universities around the world.

Guillaume Vallet is Full Professor of Economics at the University of Grenoble Alpes, France. His main areas of research are monetary economics (particularly related to the Swiss case), the political economy of gender and the history of economy thought during the Progressive Era.