Matches in SemOpenAlex for { <https://semopenalex.org/work/W3183996235> ?p ?o ?g. }
Showing items 1 to 77 of
77
with 100 items per page.
- W3183996235 abstract "‘Financial crisis’ is sometimes regarded as synonymous with ‘economic crisis’, but this is an oversimplification and risks missing the feedback loops between the financial and real economies. In this paper, the role of money is revisited in the context of distinguishing the real economy from the financial economy. A theoretical framework is developed to explain how endogenous (bank credit) and central bank exogenous (quantitative easing, QE) money creation feed into the real and financial economies. It looks at how the velocity of monetary circulation varies between the two economies and across asset types within the financial economy. Monetary transmission mechanisms are set into a framework that helps explain how QE stimulus risks combining asset price bubbles with poor growth in the real economy. The real economy transmission mechanism of ‘helicopter money’ is given context, enabling an assessment of the efficacy of both the QE and helicopter money policy routes. Finally, we present a new type of monetary transmission, ‘Smart Helicopter Money’, to deliver monetary stimulus to innovators, SMEs and high-growth firms via both complementary currencies and a modified form of QE in order to achieve proportionally greater impact on the real economy." @default.
- W3183996235 created "2021-08-02" @default.
- W3183996235 creator A5003303784 @default.
- W3183996235 creator A5055030686 @default.
- W3183996235 creator A5059599749 @default.
- W3183996235 creator A5086166392 @default.
- W3183996235 date "2021-01-01" @default.
- W3183996235 modified "2023-09-23" @default.
- W3183996235 title "Crisis and the role of money in the real and financial economies: an innovative approach to monetary stimulus" @default.
- W3183996235 hasPublicationYear "2021" @default.
- W3183996235 type Work @default.
- W3183996235 sameAs 3183996235 @default.
- W3183996235 citedByCount "0" @default.
- W3183996235 crossrefType "posted-content" @default.
- W3183996235 hasAuthorship W3183996235A5003303784 @default.
- W3183996235 hasAuthorship W3183996235A5055030686 @default.
- W3183996235 hasAuthorship W3183996235A5059599749 @default.
- W3183996235 hasAuthorship W3183996235A5086166392 @default.
- W3183996235 hasConcept C126285488 @default.
- W3183996235 hasConcept C136264566 @default.
- W3183996235 hasConcept C139719470 @default.
- W3183996235 hasConcept C15744967 @default.
- W3183996235 hasConcept C162324750 @default.
- W3183996235 hasConcept C2776736093 @default.
- W3183996235 hasConcept C2778055162 @default.
- W3183996235 hasConcept C2778300220 @default.
- W3183996235 hasConcept C2779918689 @default.
- W3183996235 hasConcept C29185160 @default.
- W3183996235 hasConcept C2991917167 @default.
- W3183996235 hasConcept C2992735868 @default.
- W3183996235 hasConcept C489367 @default.
- W3183996235 hasConcept C542102704 @default.
- W3183996235 hasConcept C556758197 @default.
- W3183996235 hasConcept C84666643 @default.
- W3183996235 hasConceptScore W3183996235C126285488 @default.
- W3183996235 hasConceptScore W3183996235C136264566 @default.
- W3183996235 hasConceptScore W3183996235C139719470 @default.
- W3183996235 hasConceptScore W3183996235C15744967 @default.
- W3183996235 hasConceptScore W3183996235C162324750 @default.
- W3183996235 hasConceptScore W3183996235C2776736093 @default.
- W3183996235 hasConceptScore W3183996235C2778055162 @default.
- W3183996235 hasConceptScore W3183996235C2778300220 @default.
- W3183996235 hasConceptScore W3183996235C2779918689 @default.
- W3183996235 hasConceptScore W3183996235C29185160 @default.
- W3183996235 hasConceptScore W3183996235C2991917167 @default.
- W3183996235 hasConceptScore W3183996235C2992735868 @default.
- W3183996235 hasConceptScore W3183996235C489367 @default.
- W3183996235 hasConceptScore W3183996235C542102704 @default.
- W3183996235 hasConceptScore W3183996235C556758197 @default.
- W3183996235 hasConceptScore W3183996235C84666643 @default.
- W3183996235 hasLocation W31839962351 @default.
- W3183996235 hasOpenAccess W3183996235 @default.
- W3183996235 hasPrimaryLocation W31839962351 @default.
- W3183996235 hasRelatedWork W1479877140 @default.
- W3183996235 hasRelatedWork W1480989042 @default.
- W3183996235 hasRelatedWork W1536274866 @default.
- W3183996235 hasRelatedWork W1577504224 @default.
- W3183996235 hasRelatedWork W1947076192 @default.
- W3183996235 hasRelatedWork W2024010019 @default.
- W3183996235 hasRelatedWork W2036695444 @default.
- W3183996235 hasRelatedWork W2050662327 @default.
- W3183996235 hasRelatedWork W2086177939 @default.
- W3183996235 hasRelatedWork W2156046992 @default.
- W3183996235 hasRelatedWork W2231470422 @default.
- W3183996235 hasRelatedWork W2234930822 @default.
- W3183996235 hasRelatedWork W2737659515 @default.
- W3183996235 hasRelatedWork W2952179757 @default.
- W3183996235 hasRelatedWork W3016783916 @default.
- W3183996235 hasRelatedWork W3040119235 @default.
- W3183996235 hasRelatedWork W3063152272 @default.
- W3183996235 hasRelatedWork W3123780685 @default.
- W3183996235 hasRelatedWork W3124809246 @default.
- W3183996235 hasRelatedWork W3126294371 @default.
- W3183996235 isParatext "false" @default.
- W3183996235 isRetracted "false" @default.
- W3183996235 magId "3183996235" @default.
- W3183996235 workType "article" @default.