Macro policy proposals – immediacy is the metric Eric Lonergan 2nd April 2020 Austerity, Helicopter Money, Monetary Policy, Uncategorised Policy response (updated) Tax rebates for corporates & households, zero interest rates on mortgage and corporate lo...
Policy response Eric Lonergan 11th March 2020 Monetary Policy 1 Policy response Tax rebates for corporates & households, targeted lending & QE, dual rates, yield capping in the Eu...
How long secular stability? Eric Lonergan 29th January 2020 Economic History, Finance & Asset Pricing, Monetary Policy 8 Economics is a curious field of study. For a subject that focuses so much on rational behaviour it is distinctly human. ...
Draghi’s historic farewell Eric Lonergan 15th September 2019 Helicopter Money, Monetary Policy, Money in Europe 6 This week’s policy decision by ECB is historic. For some time now, a number of economists have suggested that dual inter...
Reply to Larry Summers Eric Lonergan 26th August 2019 Finance & Asset Pricing, Helicopter Money, Monetary Policy 3 An ‘Either-Or’ approach to fiscal and monetary policy is mistaken Larry Summers has delivered a pointed and sweeping ...
The Prudence Principle: a new rule for fiscal policy Eric Lonergan 23rd August 2019 Helicopter Money, Monetary Policy, Money in Europe, Theory & Other Problems Should the government run a budget deficit or a budget surplus? What size should the deficit or surplus be? Devising...
