Three world wars: Fiscal-monetary consequences. | Proc Natl Acad Sci U S A;119(18): e2200349119, 2022 05 03. | MEDLINE

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Three world wars: Fiscal-monetary consequences.

Hall, George J; Sargent, Thomas J.

Hall GJ; Department of Economics, Brandeis University, Waltham, MA 02453.
Sargent TJ; Department of Economics, New York University, New York, NY 10003.

Proc Natl Acad Sci U S A ; 119(18): e2200349119, 2022 05 03.

Article in English | MEDLINE | ID: covidwho-1805768

ABSTRACT

ABSTRACT

Directed by a consolidated government budget constraint, we compare US monetaryfiscal responses to World Wars I and II and the War on COVID-19.

Subject(s)

COVID-19; COVID-19/epidemiology; Government; History, 20th Century; Humans

Keywords

COVID-19; inflation; unpleasant monetarist arithmetic

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Full text: Available Collection: International databases Database: MEDLINE Main subject: COVID-19 Type of study: Observational study / Prognostic study Limits: Humans Language: English Journal: Proc Natl Acad Sci U S A Year: 2022 Document Type: Article

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Full text: Available Collection: International databases Database: MEDLINE Main subject: COVID-19 Type of study: Observational study / Prognostic study Limits: Humans Language: English Journal: Proc Natl Acad Sci U S A Year: 2022 Document Type: Article