Current COVID-19 pandemic and deriving global economic contraction will stress the most developed Countries’ fiscal frameworks raising several concerns about the real and effective possibilities to deal with all issues. The magnitude of the resulting shock will surely affect the fiscal deficit and public debt in the majority of them. In the present letter an investigation of the money-inflation relationship is proposed by examining its direct and supposed influencing mechanism. The aim is to empirically advocate additional different options to implement within the current institutional instruments and policies both as an intellectual challenging exercise for economics scholars on a theoretical side and for policy makers on a pragmatic one.
COVID-19 AND ECONOMIC CRISES: MAY MONEY BE THE SOLUTION?
Focacci A.
Writing – Original Draft Preparation
2020
Abstract
Current COVID-19 pandemic and deriving global economic contraction will stress the most developed Countries’ fiscal frameworks raising several concerns about the real and effective possibilities to deal with all issues. The magnitude of the resulting shock will surely affect the fiscal deficit and public debt in the majority of them. In the present letter an investigation of the money-inflation relationship is proposed by examining its direct and supposed influencing mechanism. The aim is to empirically advocate additional different options to implement within the current institutional instruments and policies both as an intellectual challenging exercise for economics scholars on a theoretical side and for policy makers on a pragmatic one.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
