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

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

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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

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.