Speaker:
Salvatore Nisticò
- Sapienza Università di Roma
Wednesday, June 15, 2022
at
12:00 PM
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
