Política monetaria en tiempos de pandemiaevaluación y propuesta del Helicóptero Monetario

  1. Juan Francisco Albert 1
  2. David Tercero-Lucas 2
  1. 1 Universitat de València
    info

    Universitat de València

    Valencia, España

    ROR https://ror.org/043nxc105

  2. 2 Universitat Autònoma de Barcelona
    info

    Universitat Autònoma de Barcelona

    Barcelona, España

    ROR https://ror.org/052g8jq94

Journal:
Revista de economía mundial

ISSN: 1576-0162

Year of publication: 2020

Issue: 56

Pages: 35-55

Type: Article

DOI: 10.33776/REM.V0I56.4723 DIALNET GOOGLE SCHOLAR lock_openArias Montano editor

More publications in: Revista de economía mundial

Abstract

The Covid-19 pandemic has caused one of the most important crises since the Great Depression. In the face of this, greater coordination between monetary and fiscal policies is needed. In this article, the helicopter money proposal has been analyzed as a possible response to the crisis and as a complement to the measures adopted. After describing some historical evidence of the effects of the monetary helicopter, examining the different examples proposed in the literature, and assessing its strengths and weaknesses, a proposal for the eurozone has been articulated through the European Central Bank in cooperation with the European Investment Bank group.

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Funding information

David Tercero-Lucas quiere resaltar que la investigación que ha conducido a estos resultados ha recibido el apoyo de una beca de la Fundación “la Caixa” (ID 100010434). El código de la beca es LCF/BQ/ES18/11670005. Juan Francisco Albert agrade la financiación recibida por el Ministerio de Ciencia e Innovación. Beca FPU16/03957.

Funders

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Data source: Dialnet