Finanz und Wirtschaft, July 20, 2016. PDF. In a perfect world, monetary and fiscal policy are coordinated. In the real world with its political frictions they are not. So much on helicopter money.
Topics:
Dirk Niepelt considers the following as important: Central Bank, Contributions, Fiscal policy, Helicopter Money, Monetary Policy, Policy coordination, Time inconsistency
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Finanz und Wirtschaft, July 20, 2016. PDF.
In a perfect world, monetary and fiscal policy are coordinated. In the real world with its political frictions they are not. So much on helicopter money.