{"product_id":"central-banks-as-fiscal-players-willem-buiter-9781108822763","title":"Central Banks as Fiscal Players: The Drivers of Fiscal and Monetary Policy Space","description":"It is well known that the balance sheets of most major central banks significantly expanded in the aftermath of the financial crisis of 2007-2011, but the consequences of this expansion are not well understood. This book develops a unified framework to explain how and why central bank balance sheets have expanded and what this shift means for fiscal and monetary policy. Buiter addresses a number of key issues in monetary economics and public finance, including how helicopter money works, when modern monetary theory makes sense, why the Eurosystem has a potentially fatal design flaw, why the fiscal theory of the price level is a fallacy and how to escape from the zero lower bound.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Willem Buiter\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1108822762\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781108822763\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Cambridge University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 11\/12\/2020\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 200\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.68lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.48d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eChoice\u003c\/i\u003e 01\/01\/2022","brand":"Willem Buiter","offers":[{"title":"Paperback","offer_id":43990841426175,"sku":"9781108822763","price":41.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_9aaf0b7a-8d5e-4f84-932d-fc4a35711bc9.jpg?v=1683306995","url":"https:\/\/www.whiterainbookhouse.com\/products\/central-banks-as-fiscal-players-willem-buiter-9781108822763","provider":"WR Book House","version":"1.0","type":"link"}