Construct · 1 fields · 1 citations

helicopter money: a standalone construct

One name. One construct. A landmark on the map.

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Monetary economics

a permanent increase in base money used to fund transfers or spending, argued to raise demand even when interest rates are at zero.

In monetary economics, helicopter money refers to a permanent increase in base money used to fund transfers or spending, argued to raise demand even when interest rates are at zero. This meaning comes from Buiter (2014) in Economics.[1]

Unit
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Nearby constructs

base3 fields · 4 citationsjingle · one word, three constructs demand4 fields · 4 citationsjingle · one word, four constructs interest4 fields · 5 citationsjingle · one word, four constructs

References

Buiter, W. H. (2014). The Simple Analytics of Helicopter Money: Why It Works: Always. Economics, 8(1). https://doi.org/10.5018/economics-ejournal.ja.2014-28

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