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Central Banks as Fiscal Players

- The Drivers of Fiscal and Monetary Policy Space

About Central Banks as Fiscal Players

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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  • Language:
  • English
  • ISBN:
  • 9781108842822
  • Binding:
  • Hardback
  • Pages:
  • 200
  • Published:
  • November 11, 2020
  • Dimensions:
  • 230x150x15 mm.
  • Weight:
  • 400 g.
Delivery: 2-3 weeks
Expected delivery: December 15, 2024
Extended return policy to January 30, 2025

Description of Central Banks as Fiscal Players

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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