Central Banking

Team

Content

Working Paper

The Different Paths of Central Bank Scientization: The Case of the Bank of England.

This content is not available in the selected language. Abstract This article investigates the scientization process in central banks, using the Bank of England (BoE) as a case study. It proposes an ideal type of the scientized central bank, which is tied to the core idea that the scientization of an organization grows with its […] Read more

Manuscrits

To change or not to change. The evolution of forecasting models at the Bank of England.

This content is not available in the selected language. Abstract Why do policymakers and economists within a policymaking institution choose to throw away a model and to develop an alternative one? Why do they choose to stick to an existing model? This article contributes to the literature on the history and philosophy of modelling by […] Read more

Book

Les banques centrales servent-elles nos intérêts?

This content is not available in the selected language. La crise financière de 2007 a ébranlé notre confiance dans la capacité des banques centrales à remplir ce qui devrait être leur seul objectif légitime : servir l’intérêt public. Cet ouvrage présente une critique précise du rôle que jouent les banques centrales dans nos sociétés et offre […] Read more

Article

Les banques centrales et la justice sociale

Abstract This article puts forward two arguments calling for central banks to pay more attention to the distributive consequences of their policies. Appealing to the doctrine of double effect, we show that it is hard for central bankers do deny responsibility for the distributive consequences of their unconventional monetary policy. Furthermore, given that the hands […] Read more