|
|
|
|
| LEADER |
01493nmm a2200253 u 4500 |
| 001 |
EB001958898 |
| 003 |
EBX01000000000000001121800 |
| 005 |
00000000000000.0 |
| 007 |
cr||||||||||||||||||||| |
| 008 |
210308 ||| eng |
| 020 |
|
|
|a 9781108904292
|
| 050 |
|
4 |
|a HG1811
|
| 100 |
1 |
|
|a Buiter, Willem
|
| 245 |
0 |
0 |
|a Central banks as fiscal players
|b the drivers of fiscal and monetary policy space
|c Willem Buiter
|
| 260 |
|
|
|a Cambridge
|b Cambridge University Press
|c 2021
|
| 300 |
|
|
|a xi, 215 pages
|b digital
|
| 653 |
|
|
|a Banks and banking, Central
|
| 653 |
|
|
|a Monetary policy
|
| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
| 989 |
|
|
|b CBO
|a Cambridge Books Online
|
| 490 |
0 |
|
|a Federico Caffè lectures
|
| 856 |
4 |
0 |
|u https://doi.org/10.1017/9781108904292
|x Verlag
|3 Volltext
|
| 082 |
0 |
|
|a 332.112
|
| 520 |
|
|
|a 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
|