文章基本信息

标题：The Ethics Inside the Monetary Circuit: How Bank’s Social Responsibility Affects Money Creation
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作者：Nadia Oliva ; Andrea Pacella
期刊名称：International Journal of Business and Management
印刷版ISSN：1833-3850
电子版ISSN：1833-8119
出版年度：2016
卷号：11
期号：7
页码：1
DOI：10.5539/ijbm.v11n7p1
出版社：Canadian Center of Science and Education
摘要：
The paper aims to introduce ethical remarks into the monetary circuit (or monetary theory of production)
approach in order to study the mechanism of money creation when banks discriminate production on an ethical
plane. By the micro-foundation of the banks’ and firms’ behaviour, it will be shown that the ethical
discrimination of firms by banks is implemented by the differentiation of the mark-ups on the loan rate and how
this discrimination leads the system to create different credit markets according to the capacity (or willingness)
of firms to satisfy (or not) the ethical claims of the banks.
其他摘要：The paper aims to introduce ethical remarks into the monetary circuit (or monetary theory of production) approach in order to study the mechanism of money creation when banks discriminate production on an ethical plane. By the micro-foundation of the banks’ and firms’ behaviour, it will be shown that the ethical discrimination of firms by banks is implemented by the differentiation of the mark-ups on the loan rate and how this discrimination leads the system to create different credit markets according to the capacity (or willingness) of firms to satisfy (or not) the ethical claims of the banks.