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, […]
L’importanza del consumo in un’economia. Uno sguardo alla crisi del 2008
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 […]
Go big or go home: next step for EU?
Prima di addentrarci sul tema del consumo è bene sapere cosa sia il Pil e da cosa esso è composto. Il PIL (Prodotto Interno Lordo) misura il valore aggregato dei prodotti e servizi realizzati all’interno di uno Stato sovrano in un determinato arco di tempo,col fine di essere consumati. In altre parole, Il PIL può essere anche definito […]
Recently there has been a heated debate over a fiscal harmonization inside the Eurozone. Many politicians and economists ask for the unification of fiscal power and this request has become even more powerful with the exit of UK from the EU. Enrico Letta, an important Italian politician and academic, has lately published an article sustaining […]