The power of helicopter money revisited : a new Keynesian perspective / by Thomas J. Carter and Rhys R. Mendes.: FB3-6/2020-1E-PDF

"We analyze money financing of fiscal transfers (helicopter money) in two simple New Keynesian models: a “textbook” model in which all money is non-interest-bearing (e.g., all money is currency), and a more realistic model with interest-bearing reserves"--Abstract.

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publications.gc.ca/pub?id=9.884580&sl=0

Publication information
Department/Agency Bank of Canada.
Title The power of helicopter money revisited : a new Keynesian perspective / by Thomas J. Carter and Rhys R. Mendes.
Series title Bank of Canada staff discussion paper, 1914-0568 ; 2020-1
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) "Last updated: February 7, 2020."
Includes bibliographical references (pages 17-18).
Includes abstract in French.
Publishing information Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2020.
©2020
Author / Contributor Carter, Thomas J., author.
Description 1 online resource (23 pages) : graphs.
Catalogue number
  • FB3-6/2020-1E-PDF
Subject terms Helicopter money (Monetary policy)
Keynesian economics.
Politique monétaire.
Keynésianisme.
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