Central banks as fiscal players: the drivers of fiscal and monetary policy space

Auteur : Buiter, Willem
Éditeur : Cambridge University Press
ISBN : 9781108822763
Date de publication : 12 nov. 2020
Dimensions : 15,0 x 23,0 x 1,0 cm
Poids : 360 g
Format : Trade paperback (US)
Langue : Anglais
Pays d'origine : Grande Bretagne

The book develops a unified framework to address a number of key issues in monetary economics and public finance, including how helicopter money works, when modern monetary theory makes sense, why the Eurosystem has a potentially fatal design flaw, why the fiscal theory of the price level is a fallacy and how to escape from the zero lower bound.

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