Monetary Finance: Do Not Touch, or Handle with Care?
Departmental Papers, January 13, 2022
Source details
- Canonical URL
- Monetary Finance: Do Not Touch, or Handle with Care?
Other formats
Bibliographic details
- Authors: Itai Agur, Damien Capelle, Giovanni Dell'Ariccia, Damiano Sandri
- Published: January 13, 2022
- Series: Departmental Papers
- Volume: 2022
- Issue: 001
- Pages: 47
- DOI: https://doi.org/10.5089/9781513592541.087
- Stock No: MFDNTHCEA
- ISBN: 9781513592541
- ISSN: 2616-5333
Overview
- Authors: Itai Agur, Damien Capelle, Giovanni Dell'Ariccia, Damiano Sandri
- Date: January 13, 2022
- Core scope: Reviews the theoretical arguments in favor and against monetary finance (MF) and presents an empirical assessment of the risks that it may pose for inflation.
Main analytical focus
- Theoretical review:
- Examines arguments supporting MF.
- Examines arguments opposing MF.
- Empirical assessment:
- Evaluates the risks that MF may pose for inflation.
Key subjects and keywords
- Subjects: Financial crises, Financial institutions, Fiscal policy, Inflation, Monetary base, Monetary policy, Money, Prices, Sovereign bonds, Unconventional monetary policies
- Keywords: fiscal and monetary coordination, Global, hard-won central bank credibility, Inflation, inflation expectation, liquidity trap, Monetary base, Monetary finance, Sovereign bonds, support well, UMP announcement, UMP program, Unconventional monetary policies
Access and formats
- Available formats: Download PDF, More Formats on IMF eLibrary, Order a Print Copy
- Citation preview (Chicago): Itai Agur, Damien Capelle, Giovanni Dell'Ariccia, and Damiano Sandri. "Monetary Finance: Do Not Touch, or Handle with Care?", Departmental Papers 2022, 001 (2022), accessed 9/14/2026, https://doi.org/10.5089/9781513592541.087
This summary is based on the IMF departmental paper "Monetary Finance: Do Not Touch, or Handle with Care?" (Departmental Paper No 2022/001).
Content in this bundle
- Mfdnthcea