MONETARY POLICY IN TIMES OF PANDEMIC: EVALUATION AND PROPOSAL OF THE HELICOPTER MONEY

被引：4

作者：

Francisco Albert, Juan ^{[1
]}

Tercero-Lucas, David ^{[2
]}

机构：

[1] Univ Valencia, IUDESCOOP, Valencia, Spain

[2] Univ Autonoma Barcelona, Barcelona, Spain

来源：

REVISTA DE ECONOMIA MUNDIAL | 2020年 / 56期

关键词：

monetary policy; helicopter money; crisis; DEBT;

D O I：

10.33776/rem.v0i56.4723

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The Covid-19 pandemic has caused one of the most important crises since the Great Depression. In the face of this, greater coordination between monetary and fiscal policies is needed. In this article, the helicopter money proposal has been analyzed as a possible response to the crisis and as a complement to the measures adopted. After describing some historical evidence of the effects of the monetary helicopter, examining the different examples proposed in the literature, and assessing its strengths and weaknesses, a proposal for the eurozone has been articulated through the European Central Bank in cooperation with the European Investment Bank group.

引用

页码：35 / 55

页数：21

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