Helicopter money in another pandemic recession: Venice, 1630
Goodhart, C. A. E., Masciandaro, D. & Ugolini, S.
(2021).
Helicopter money in another pandemic recession: Venice, 1630.
VoxEU,
‘Helicopter money’ is an often-evoked concept in macroeconomics, but the occurrence of helicopter money, strictly speaking, is exceedingly rare in history. This column describes one episode that actually provides a concrete illustration of this policy: the monetary financing of the pandemic recovery plan put in place by the Republic of Venice during the bubonic plague of 1630.
| Item Type | Article |
|---|---|
| Copyright holders | © 2021 The Authors |
| Departments | LSE > Research Centres > Financial Markets Group |
| Date Deposited | 03 Mar 2021 |
| URI | https://researchonline.lse.ac.uk/id/eprint/108937 |