WHAT IS HELICOPTER MONEY?
Covid-19: the upcoming European crisis and the debate among EMS and Eurobonds.
Helicopter Money is a proposed unconventional monetary policy tool, suggested when the economy is in a liquidity trap, i.e. when the interest rates remain near zero and the economy is in recession. This instrument consists of printing and distributing big sums of money to the public, hoping that people will spend it. In this way, […]
Coronavirus has struck a large number of human lives, this is the reason why the majority of the countries have decided to start a period of lockdown. The quarantine, in Italy, has obliged the majority of firms to stop their activities, as they are not considered essential goods makers. This situation is clearly leading the global […]