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Title
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"Whatever it takes" : a plea for active monetary policies
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Author
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Abstract
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| Our paper aims to analyze Mario Draghi's famous statement, the "whatever it takes", as a mechanism that preserves the common good of financial stability and facilitates debt control in the peripheral countries. Although we consider decentralized fiscal policies, a more conservative policy stance is achieved under "whatever it takes"than under an inflation targeting regime. (C) 2021 Elsevier B.V. All rights reserved. |
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Language
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English
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Source (journal)
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Economics letters. - Amsterdam
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Publication
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Amsterdam
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2021
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ISSN
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0165-1765
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DOI
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10.1016/J.ECONLET.2021.110060
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Volume/pages
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208
(2021)
, p. 1-3
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Article Reference
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110060
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ISI
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000704487800009
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Medium
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E-only publicatie
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Full text (Publisher's DOI)
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Full text (publisher's version - intranet only)
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