Monetary Finance: Do Not Touch, or Handle with Care?

Author: Mr. Itai Agur, Mr. Damien Capelle, Mr. Giovanni Dell'Ariccia, and Mr. Damiano Sandri

This paper reviews the theoretical arguments in favor and against MF and presents an empirical assessment of the risks that it may pose for inflation.

Volume/Issue: Volume 2022 Issue 001

Publication date: January 2022

ISBN: 9781513592541

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Inflation , Money and Monetary Policy , Monetary finance , fiscal and monetary coordination , liquidity trap , inflation expectation , UMP announcement , hard-won central bank credibility , support well , UMP program , Inflation , Monetary base , Unconventional monetary policies , Sovereign bonds , Global

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Summary

This paper reviews the theoretical arguments in favor and against MF and presents an empirical assessment of the risks that it may pose for inflation.