Central Banks as Fiscal Players : The Drivers of Fiscal and Monetary Policy Space EPUB
by Willem Buiter
EPUB
- Information
Description
It is well known that the balance sheets of most major central banks significantly expanded in the aftermath of the financial crisis of 2007-2011, but the consequences of this expansion are not well understood.
This book develops a unified framework to explain how and why central bank balance sheets have expanded and what this shift means for fiscal and monetary policy.
Buiter addresses 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.
Information
-
Download Now
- Format:EPUB
- Publisher:Cambridge University Press
- Publication Date:12/11/2020
- Category:
- ISBN:9781108913164
Other Formats
- PDF from £26.34
- Paperback / softback from £22.21
- Hardback from £54.36
Information
-
Download Now
- Format:EPUB
- Publisher:Cambridge University Press
- Publication Date:12/11/2020
- Category:
- ISBN:9781108913164