Monetary and Fiscal Policy for Sovereign Currencies: What Should Government Do?

L. Randall Wray

Chapter Chapter 7 in Modern Money Theory, 2024, pp 209-242 from Springer

Abstract: Abstract In this chapter we will turn to what government ought to do. This chapter will specifically treat only sovereign government—one that issues its own floating rate currency. From the chapters above, that will make it clear that we are addressing only a government that does not face an affordability constraint. The floating rate regime provides the greatest domestic policy space. Nations that peg or manage their exchange rates might have less policy space, depending on their own situation.

Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Chapter: Monetary and Fiscal Policy for Sovereign Currencies: What Should Government Do? (2015)
Chapter: Monetary and Fiscal Policy for Sovereign Currencies: What Should Government Do? (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-47884-0_7

Ordering information: This item can be ordered from
http://www.springer.com/9783031478840

DOI: 10.1007/978-3-031-47884-0_7

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().