“Monetäre Staatsfinanzierung mit Folgen (Monetary Financing of Government),” Die Volkswirtschaft, 2020

Summary:
Die Volkswirtschaft, 24 July 2020. PDF. Clarifying the connections between outright monetary financing, QE, the distribution of seignorage profits, the relationship between fiscal and monetary policy, and central bank independence. Abstract: Wenn Parlamentarier höhere Gewinnausschüttungen der Nationalbank fordern, Kritiker im Euroraum mehr «Quantitative Easing» oder Helikoptergeld verlangen und andere Stimmen monetäre Staatsfinanzierung monieren, dann steht die Beziehung zwischen Geld- und Fiskalpolitik zur Debatte. Eine Auslegeordnung.

Topics:
Dirk Niepelt considers the following as important: Central Bank, Central bank independence, Central bank profit, Contributions, European Central Bank, Fiscal monetary policy interaction, Fiscal policy, Helicopter drop, Monetary Policy, Open market operation, Quantitative Easing, Swiss National Bank

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