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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Department/Agency | Bank of Canada. |
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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 |
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Subject terms | Helicopter money (Monetary policy) Keynesian economics. Politique monétaire. Keynésianisme. |