000			01960nam a2200373 i 4500
001			CR9781108904292
003			UkCbUP
005			20240905142041.0
006			m|||||o||d||||||||
007			cr||||||||||||
008			200227s2021||||enk o ||1 0|eng|d
020			_a9781108904292 (ebook)
020			_z9781108842822 (hardback)
020			_z9781108822763 (paperback)
040			_aUkCbUP _beng _erda _cUkCbUP
050		4	_aHG1811 _b.B95 2021
082	0	4	_a332.112 _223
100	1		_aBuiter, Willem, _eauthor.
245	1	0	_aCentral banks as fiscal players : _bthe drivers of fiscal and monetary policy space / _cWillem Buiter.
264		1	_aCambridge : _bCambridge University Press, _c2021.
300			_a1 online resource (xi, 215 pages) : _bdigital, PDF file(s).
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
490	1		_aFederico Caffè lectures
500			_aTitle from publisher's bibliographic system (viewed on 12 Nov 2020).
520			_aIt is well known that the balance sheets of most major central banks significantly expanded in the aftermath of the financial crisis of 2007-2011, but the consequences of this expansion are not well understood. This book develops a unified framework to explain how and why central bank balance sheets have expanded and what this shift means for fiscal and monetary policy. Buiter addresses a number of key issues in monetary economics and public finance, including how helicopter money works, when modern monetary theory makes sense, why the Eurosystem has a potentially fatal design flaw, why the fiscal theory of the price level is a fallacy and how to escape from the zero lower bound.
650		0	_aBanks and banking, Central.
650		0	_aMonetary policy.
776	0	8	_iPrint version: _z9781108842822
830		0	_aFederico Caffè lectures.
856	4	0	_uhttps://doi.org/10.1017/9781108904292
942			_2ddc _cEB
999			_c9579 _d9579