Fighting the COVID-19 Crisis: Debt Monétisation and EU Recovery Bonds

Abstract This paper highlights some peculiar characteristics of the economic crisis induced by the spread of COVID-19. It suggests two intertwined policy measures in order to tackle the emergency phase of the crisis and to support the economy in the subsequent recovery phase. The proposed short-term...

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Bibliographic Details
Main Authors: Alberto Botta, Eugenio Caverzasi, Alberto Russo
Format: Article
Language:English
Published: Springer 2020-07-01
Series:Intereconomics
Online Access:https://doi.org/10.1007/s10272-020-0907-z