Prinz, Aloys; Beck, Hanno - In: Credit and capital markets : Kredit und Kapital 55 (2022) 4, pp. 431-456
In this paper, Modern Monetary Theory (MMT) is confronted with the peculiarities of the institutional setting of the European Monetary Union (EMU) and the monetary policy of the European Central Bank (ECB). Since the financial and euro crises of 2008, monetary policy has changed drastically both...
