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The need for monetary financing of corona budget deficits

De Grauwe, Paul (2020) The need for monetary financing of corona budget deficits. Intereconomics, 55 (3). 133 - 134. ISSN 0020-5346

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Identification Number: 10.1007/s10272-020-0885-1

Abstract

Sooner or later, the ECB must accept that monetary financing in support of deficit spending is a necessity not just for mitigating the coronavirus crisis, but also for averting a downward deflationary cycle that could pull the eurozone apart.

Item Type: Article
Official URL: https://www.springer.com/journal/10272
Additional Information: © 2020 The Author
Divisions: European Institute
Subjects: R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
Date Deposited: 17 Jun 2020 12:00
Last Modified: 28 Jun 2020 23:31
URI: http://eprints.lse.ac.uk/id/eprint/105098

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