The Need for Monetary Financing of Corona Budget Deficits
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.
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| Format: | Article |
| Language: | English |
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Springer
2020-06-01
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| Series: | Intereconomics |
| Online Access: | https://doi.org/10.1007/s10272-020-0885-1 |
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| _version_ | 1841525603836100608 |
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| author | Paul De Grauwe |
| author_facet | Paul De Grauwe |
| author_sort | Paul De Grauwe |
| collection | DOAJ |
| description | 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. |
| format | Article |
| id | doaj-art-2faa8b6f29a649f198853e96c2a8a6ce |
| institution | Kabale University |
| issn | 0020-5346 1613-964X |
| language | English |
| publishDate | 2020-06-01 |
| publisher | Springer |
| record_format | Article |
| series | Intereconomics |
| spelling | doaj-art-2faa8b6f29a649f198853e96c2a8a6ce2025-01-17T08:34:13ZengSpringerIntereconomics0020-53461613-964X2020-06-0155313313410.1007/s10272-020-0885-1The Need for Monetary Financing of Corona Budget DeficitsPaul De Grauwe0European Institute, London School of Economics and Political ScienceAbstract 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.https://doi.org/10.1007/s10272-020-0885-1 |
| spellingShingle | Paul De Grauwe The Need for Monetary Financing of Corona Budget Deficits Intereconomics |
| title | The Need for Monetary Financing of Corona Budget Deficits |
| title_full | The Need for Monetary Financing of Corona Budget Deficits |
| title_fullStr | The Need for Monetary Financing of Corona Budget Deficits |
| title_full_unstemmed | The Need for Monetary Financing of Corona Budget Deficits |
| title_short | The Need for Monetary Financing of Corona Budget Deficits |
| title_sort | need for monetary financing of corona budget deficits |
| url | https://doi.org/10.1007/s10272-020-0885-1 |
| work_keys_str_mv | AT pauldegrauwe theneedformonetaryfinancingofcoronabudgetdeficits AT pauldegrauwe needformonetaryfinancingofcoronabudgetdeficits |