Maastricht Summer School on "Modern Monetary Policy and European Macroeconomics"
The course introduces students to modern monetary theory. The balance sheets and transactions that are relevant for understanding modern money are examined, with a focus on the Eurozone. Alternative explanations are brought forward that include the idea that banks can create money, that governments spend first and collect taxes later and that central banks use a set of interest rates as their main tool of policy instead of manipulating the money supply. Keywords: Euro, Eurozone, macroeconomics, fiscal policy, monetary policy, Modern Monetary Theory
|Event dates:||2017-08-14 – 2017-08-18|
|Organizer:||Maastricht University, Netherlands Zuyd University of Applied Sciences, Netherlands Maastricht School of Management, Netherlands|
|Conference venue:||Maastricht, Maastricht University|
|Classification:||E0 - Macroeconomics and Monetary Economics. General ; E5 - Monetary Policy, Central Banking and the Supply of Money and Credit ; F3 - International Finance ; H3 - Fiscal Policies and Behavior of Economic Agents|
|Event type:||Seminare, Summer Schools, Symposien, Workshops; Seminars, Summer Schools, Symposiums, Workshops|