Bossone, Biagio, (2016), “The true costs of helicopter money”, VoxEU, 5 September
Some economists see helicopter money as a free lunch, because it can prompt growth without requiring higher debt financing. This column argues that if there are costs associated with the permanent injection of cash into the economy, they would diminish its effectiveness.
Relevant Posts
- Heise, Michael, (2016), “The Unavoidable Costs of Helicopter Money”, Project Syndicate, 2 September
- Muellbauer, John, (2016), “Helicopter money and fiscal rules”, Voxeu, 10 June