Helicopter Money: the time is now by Jordi Galí published by VoxEU (3/2020). “The rapid spread of the coronavirus in many countries constitutes a major challenge to their health systems. Under all realistic scenarios, an overwhelming number of human…
The effects of a money-financed fiscal stimulus by Jordi Galí published by nber (9/2019). “I analyze the effects of a money-financed fiscal stimulus and compare them with those resulting from a conventional debt-financed stimulus. I study the effects of…
Fiscal policy and macroeconomic performance edited by Luiz Felipe Céspedes and Jordi Galí published by Banco Central de Chile indicared by Teresa Ter-Minassian. “After two decades of relative neglect, fiscal policy is back at the center of the economics…