The Economics of Helicopter Money* (Benigno P., Nisticò S.)

Relatore:  Salvatore Nisticò - Sapienza Università di Roma
  mercoledì 15 giugno 2022 alle ore 12.00 In presenza + Zoom webinar

An economy plagued by a slump and in a liquidity trap has some options to exit the crisis. We discuss helicopter money and other equivalent policies that can reflate the economy and boost consumption. Traditional helicopter money, via the joint cooperation between the treasury and the central bank, depends critically on the central bankfully guaranteeing treasury's debt. We show that the central bank can do  helicopter money on its own, without any treasury's involvement.

Join Zoom Meeting
https://univr.zoom.us/j/81676605178


Referente
Alessia Campolmi

Referente esterno
Data pubblicazione
19 gennaio 2022

Condividi