新冠疫情期间的货币政策与政府债务管理

IF 1.2 Q3 ECONOMICS National Institute Economic Review Pub Date : 2021-02-01 DOI:10.1017/nie.2021.1

W. Allen

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引用次数: 5

摘要

本文描述了美国和英国2020年的巨额预算赤字是如何融资的，各国央行在实践中如何不仅管理短期利率，还管理政府债券的收益率，以及它们抵御新冠疫情后通胀飙升的能力是如何受损的。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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MONETARY POLICY AND GOVERNMENT DEBT MANAGEMENT DURING THE CORONAVIRUS PANDEMIC

This paper describes how the large budget deficits of 2020 in the United States and the United Kingdom were financed, how central banks are in practice managed not just short-term interest rates but also yields on government bonds, and how their ability to resist a post-coronavirus surge in inflation has been compromised.

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来源期刊

National Institute Economic Review ECONOMICS-

CiteScore

3.70

自引率

9.50%

发文量

期刊介绍： The National Institute Economic Review is the quarterly publication of the National Institute of Economic and Social Research, one of Britain"s oldest and most prestigious independent research organisations. The Institutes objective is to promote, through quantitative research, a deeper understanding of the interaction of economic and social forces that affect peoples" lives so that they may be improved. It has no political affiliation, and receives no core funding from government. Its research programme is organised under the headings of Economic Modelling and Analysis; Productivity; Education and Training and the International Economy.