IDEAS home Printed from https://ideas.repec.org/p/hal/journl/halshs-04205090.html
   My bibliography  Save this paper

Monetary policy and social responsibility

Author

Listed:
  • Guillaume Vallet

    (CREG - Centre de recherche en économie de Grenoble - UGA - Université Grenoble Alpes)

  • Louis-Philippe Rochon

    (Laurentian University)

Abstract

This entry deals with the underestimated issue of central banks' social responsibility. We explore this issue emphasizing that in order to endorse social responsibility, central banks need to fit a contingent environment, both through the nature of their monetary policy, but also through their structures. Such an ‘embeddedness' implies that their power should be regulated and controlled by society through a reliable framework of social responsibility. To that aim, we propose reforms in central banks' current model consistent with the mapping out of a new framework of social responsibility.

Suggested Citation

  • Guillaume Vallet & Louis-Philippe Rochon, 2023. "Monetary policy and social responsibility," Post-Print halshs-04205090, HAL.
  • Handle: RePEc:hal:journl:halshs-04205090
    DOI: 10.1016/B978-0-44-313776-1.00061-1
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-04205090. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.