The Corona Crisis - is this the time for Helicopter Money?

Marc Adam

No 1, Basic Papers from Forum New Economy

Abstract: This paper first describes the basic idea of Helicopter Money and the context in which it evolved from Milton Friedman’s famous 1969 essay until today. We discuss the challenges facing advanced economies, to which Helicopter Money has been proclaimed a possible solution. The paper provides a review of the recent debate around Helicopter Money and discusses the effectiveness of this tool in the current and future crises.

Keywords: Helicopter Money; central bank; fiscal policy (search for similar items in EconPapers)
JEL-codes: B2 E4 E5 E6 H6 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2020-04, Revised 2020-04
New Economics Papers: this item is included in nep-cba, nep-mac and nep-mon
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Persistent link: https://EconPapers.repec.org/RePEc:agz:bpaper:2001

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