| 000 | 00000nam u2200205 a 4500 | |
| 001 | 000046125398 | |
| 005 | 20251230173621 | |
| 008 | 220822s2021 enka b 001 0 eng d | |
| 020 | ▼a 9781108822763 | |
| 040 | ▼a 211009 ▼c 211009 ▼d 211009 | |
| 050 | 4 | ▼a HG1811 |
| 082 | 0 4 | ▼a 332.112 ▼2 23 |
| 084 | ▼a 332.112 ▼2 DDCK | |
| 090 | ▼a 332.112 ▼b B932c | |
| 100 | 1 | ▼a Buiter, Willem H., ▼d 1949- ▼0 AUTH(211009)178792. |
| 245 | 1 0 | ▼a Central banks as fiscal players : ▼b the drivers of fiscal and monetary policy space / ▼c Willem Buiter. |
| 260 | ▼a Cambridge : ▼b Cambridge University Press, ▼c 2021. | |
| 300 | ▼a xi, 215 p. : ▼b ill. ; ▼c 23 cm. | |
| 490 | 1 | ▼a Federico Caffè lectures |
| 504 | ▼a Includes bibliographical references (p. 198-206) and index. | |
| 650 | 0 | ▼a Banks and banking, Central. |
| 830 | 0 | ▼a Federico Caffè lectures. |
| 945 | ▼a ITMT |
소장정보
| No. | 소장처 | 청구기호 | 등록번호 | 도서상태 | 반납예정일 | 예약 | 서비스 |
|---|---|---|---|---|---|---|---|
| No. 1 | 소장처 중앙도서관/서고6층/ | 청구기호 332.112 B932c | 등록번호 111868165 (1회 대출) | 도서상태 대출가능 | 반납예정일 | 예약 | 서비스 |
컨텐츠정보
책소개
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.
This book develops a unified framework to address a number of key issues in monetary economics and public finance.
정보제공 :
목차
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.