Helicopter Money View Full Text


Ontology type: schema:Chapter     


Chapter Info

DATE

2017-03-10

AUTHORS

Hans-Werner Sinn

ABSTRACT

Monetary policy has lost its effectiveness in the last crisis. For this reason, some economists argue that the central bank should increase its clout by distributing helicopter money, transferring money to all its citizens to be used at their own discretion. However, the QE program of the ECB is already helicopter money, the only difference being that the beneficiaries are determined by parliaments rather than by the ECB council. More... »

PAGES

129-130

Book

TITLE

Economic Ideas You Should Forget

ISBN

978-3-319-47457-1
978-3-319-47458-8

Author Affiliations

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/978-3-319-47458-8_55

DOI

http://dx.doi.org/10.1007/978-3-319-47458-8_55

DIMENSIONS

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