Artikel

Helicopter Money: Should Central Banks Rain Money from the Sky?

Ultra-low interest rates have become an endemic and potentially problematic characteristic of the global economy. Central banks in the euro area, the United States, Japan and Australia have bet on lowering interest rates to increase inflation, but despite their efforts, core inflation remains stubbornly below the desired two per cent. However, central banks have another tool at their disposal that has the potential to stimulate infl ation: helicopter money.

Language
Englisch

Bibliographic citation
Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 53 ; Year: 2018 ; Issue: 1 ; Pages: 34-40 ; Heidelberg: Springer

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Belke, Ansgar
Event
Veröffentlichung
(who)
Springer
(where)
Heidelberg
(when)
2018

DOI
doi:10.1007/s10272-018-0716-9
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Belke, Ansgar
  • Springer

Time of origin

  • 2018

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