Книги
Central Banks as Fiscal Players
Buiter, W. Central Banks as Fiscal Players : The Drivers of Fiscal and Monetary Policy Space / W. Buiter. — Cambridge : Cambridge University Press, 2021. — 216 p.: il.. — (Federico Caffe Lectures). — References: p. 198-206. — ISBN 978-1-108-82276-3 : 2644.95 р.
Аннотация
It 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.
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УДК:336.711
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ISBN:978-1-108-82276-3
Рекомендовано к ознакомлению
- 1. Trichet, J.-C. Central Banking in the Crisis: Conceptual Convergence and Open Questions on Unconventional Monetary Policy / J. -C. Trichet. — Washington : Per Jacobsson Foundation, 2013. — 52 p.. — (The Per Jacobsson Lecture). — ISBN 978-1-48435-337-0.
- 2. Cachanosky, N. Monetary Equilibrium and Nominal Income Targeting / N. Cachanosky. — London : Routledge, 2019. — 120 p.. — (Routledge International Studies in Money and Banking). — ISBN 978-1-138-21502-3.
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- 7. Tognato, C. Central Bank Independence: Cultural Codes and Symbolic Performanse / C. Tognato. — New York : Palgrave Macmillan, 2012. — 204 p.. — (Cultural Sociology). — ISBN 978-1-137-31016-3.
- 8. Laurens, B. Central Bank independence, accountability, and transparency / B. Laurens, M. Arnone, J.-F. Segalotto. — New York : Palgrave Macmillan, 2009. — 270 p.
- 9. Siklos, P.L. Central banks into the breach / P. L. Siklos. — New York : Oxford University Press, 2017. — 324 с.. — ISBN 978-0-19-022883-5.
- 10. Central banks as economic institutions / editor J.-Ph. Touffut. — Cheltenham : Edward Elgar, 2008. — 215 p.. — (The Cournot centre for economic studies series). — ISBN 978-1-84844-108-8.
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