Delis, Manthos (2020): Understanding helicopter money.
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Abstract
What are the policy tools in times of economic crises? What are the tools that governments and central banks have against the coronavirus crisis? This article briefly explains how several types of monetary policy can currently work, placing an emphasis on a form of helicopter money directed to affected firms. The proposition is that this type of monetary policy should be avoided in general, but it might yield beneficial results in the current European economy.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | Understanding helicopter money |
| Language: | English |
| Keywords: | Monetary policy; Helicopter money; Unconventional tools; Government debt |
| Subjects: | E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E50 - General G - Financial Economics > G0 - General G - Financial Economics > G0 - General > G01 - Financial Crises |
| Item ID: | 99548 |
| Depositing User: | Manthos Delis |
| Date Deposited: | 19 Apr 2020 15:10 |
| Last Modified: | 19 Apr 2020 15:10 |
| References: | No references |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/99548 |
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