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Helicopter money has once been proposed as a theoretical thought experiment by Milton Friedman in order to elucidate the effect of money injections into the macroeconomy over time. However, some Euro area member states nowadays consider helicopter money, i.e. permanent Quantitative Easing (QE),...
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We analyze the importance of global shocks for the global economy and national policy makers. More specifically, we … area. According to our results, global liquidity shocks are a driving force of the global economy and various national …
Persistent link: https://www.econbiz.de/10003879570
We analyze the importance of global shocks for the global economy and national policy makers. More specifically, we … area. According to our results, global liquidity shocks are a driving force of the global economy and various national …
Persistent link: https://www.econbiz.de/10003884937
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