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Full 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.
Editors Louis-Philippe Rochon, Sylvio Kappes and Guillaume Vallet bring together internationally renowned scholars to present cutting-edge research. Chapters discuss the role of monetary policy in the gender pension gap; the impact of inflation reduction policies on female and male employment rates; the gender politics of comportment in central banking; the inner organisation of central banks and how financial crises can create systemic discrimination. Contributors advocate for looking beyond the traditional roles of central banks, encouraging scholars and practitioners to assess strategies and frameworks from alternative perspectives such as gender to highlight systemic inequalities and campaign for better, more equitable practices going forward.
Offering a novel approach to central banking and monetary policy, this book will be invaluable to academics, students and researchers in political economy, feminist economics, and public policy. Its practical and timely guidance will also be of interest to professionals working in the banking, economic and financial sectors.
Contents
Contents:
Central Banking, Monetary Policy and Gender: new frontiers 1
Louis-Philippe Rochon, Sylvio Kappes and Guillaume Vallet
1 Intersectional and inclusive diversity in the corporate
elite? The case of the financial sector 11
Giulia Porino, Giulia Zacchia and Luisa De Vita
2 Rise of inflation and the gender pension gap: what role for
monetary policy? 38
Marcella Corsi and Giulia Porino
3 Gendered impacts of real effective exchange rate trends
on job quality in Latin America 60
Débora Nunes, Diksha Arora and Elissa Braunstein
4 The impact of inflation-reduction policies on female and
male employment rates 76
Selin Secil Akin
5 Household debt and gender: the effects of monetary policy
on consumption inequality 103
Joana David Avritzer and Frutuoso Santana
6 Women in central banking: a focus on the controversial
power-authority relation 136
Guillaume Vallet
7 Exchange rate as a monetary policy tool: effects on gender
inequality and development 157
Clara Zanon Brenck, José Pedro Bastos Neves, and Patrícia Machado Couto
8 Women are not doves: the politics of presence and ideas
in central banking 181
Nikolas Passos and Nathalie Marins
9 Gender, economics and human rights: how monetary
policy and financial crises create systemic discrimination 201
Marie Constance Morley
