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Monetary Policy And Government Debt Management During The Coronavirus Pandemic

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  • Allen, William A.
Abstract
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.

Suggested Citation

  • Allen, William A., 2021. "Monetary Policy And Government Debt Management During The Coronavirus Pandemic," National Institute Economic Review, National Institute of Economic and Social Research, vol. 255, pages 79-84, February.
    • Handle: RePEc:cup:nierev:v:255:y:2021:i::p:79-84_7
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    Cited by:

    1. Olga V. Khmyz, 2024. "Sustainable Investments and Divestments by Global Institutional Investors," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 96-108, February.
    2. Nguyen Ngoc Thach, 2023. "Applying Monte Carlo Simulations to a Small Data Analysis of a Case of Economic Growth in COVID-19 Times," SAGE Open, , vol. 13(2), pages 21582440231, June.

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