Reichlin, Lucrezia, Turner, Adair & Woodford, Michael.
With persistently weak economic conditions becoming the norm in Europe, economists are considering increasingly unconventional policy options. One tool that has yet to be taken out of storage is ‘helicopter money’, i.e. the overt monetary financing of government deficits. This column recounts a policy debate on helicopter money that was held at LBS in April 2013 among three of the world’s leading monetary economists.
Πηγή: Voxeu
Richard Baldwin Service value chains are expanding faster than industrial ones, yet their geography is strikingly different: a US-centred star rather than regional blocs. This
Victoria Ivashina This paper provides an introduction to the modern private debt market and examines its rapid expansion following the 2007–2009 global financial crisis. Traditionally,
Διαβάζω συχνά πως τα αθροιστικά αποτελέσματα της ΤΝ –παραγωγικότητα, απασχόληση– δεν είναι, ακόμη, διαγνώσιμα ή, πως οι μικροοικονομικές εκτιμήσεις και οι προβολές των τελευταίων είναι,
