Exiting from quantitative easing in an era of large government debt: inflation or default?

DOI10.1016/J.ECONLET.2023.111471OpenAlexW4389118694MaRDI QIDQ6117779

Hidekazu Niwa

Publication date: 20 March 2024

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2023.111471

zbMATH Keywords

quantitative easingsovereign defaultfiscal theory of the price levelcentral bank's solvency

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• The perils of Taylor rules

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