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Central Banks as Fiscal Players
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Central Banks as Fiscal Players

486 kr

486 kr

Tidligere laveste pris:

494 kr

På lager

On., 18 juni - ti., 24 juni


Sikker betaling

14 dagers åpent kjøp


Selges og leveres av

Adlibris

Produktbeskrivelse

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.

Artikkel nr.

ac2d5448-1057-5513-a5b3-eaf8bbb3e10f

Central Banks as Fiscal Players

486 kr

486 kr

Tidligere laveste pris:

494 kr

På lager

On., 18 juni - ti., 24 juni


Sikker betaling

14 dagers åpent kjøp


Selges og leveres av

Adlibris