Monetary Policy and Income Distribution

Sylvio Antonio 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, 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 a 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.

Introduction: Monetary Policy and Income Distribution 1. Monetary Policy and Income Distribution: The Post-Keynesian and Sraffian Perspectives 2. The Distributive Monetary Analysis of a (un)Sustainable Economy 3. Foreign Price Shocks and Inflation Targeting: Effects on Income and Inflation Inequality 4. Dealing with Rising Inequality: Is the Fed Up for the Task, or Will Everyone Get Fed Up? 5. Monetary Policy and the Gender and Racial Employment Dynamics in Brazil 6. Monetary Policy and Income Distribution in a Multisectoral AB-SFC Model 7. Are Firm Markups Boosting Inflation? A Post-Keynesian Institutionalist Approach to Markup Inflation in Select Industrialized Countries