Willem Buiter

Central Banks as Fiscal Players

• Broschiertes Buch

Produktbeschreibung

This book develops a unified framework to address a number of key issues in monetary economics and public finance.

---

Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.

Produktdetails

• Verlag: Cambridge University Press
• Seitenzahl: 200
• Erscheinungstermin: 12. November 2020
• Englisch
• Abmessung: 226mm x 153mm x 17mm
• Gewicht: 315g
• ISBN-13: 9781108822763
• ISBN-10: 1108822762
• Artikelnr.: 59470666

Autorenporträt

Willem Buiter is Visiting Professor of International and Public Affairs at Columbia University, New York. He was an academic economist for twenty-eight years. He was a founding external member of the Monetary Policy Committee of the Bank of England from 1997-2000 and has been an adviser to the IMF, the World Bank, the Inter-American Development Bank, the European Commission, central banks and finance ministries across the world.

Inhaltsangabe

Introduction
1. The central bank balance sheet: why it matters
Appendix to chapter 1: stochastic discount factors
2. A stylized set of accounts for the Treasury, the central bank and the State
3. Helicopter money drops
4. The fallacy of the fiscal theory of the price level - and why it matters
Appendix to chapter 4: a formal approach to the FTPL
5. Life at the zero lower bound and how to escape from it
6. Why the Eurosystem isn't a proper central bank - and how to make it one.