Title: Is this very much a matter of faith? A monetisation approach to COVID-19

Authors: Antonio Focacci

Addresses: School of Economics, University of Bologna, Piazza Scaravilli, 2-40126 Bologna, Italy

Abstract: COVID-19 pandemic and resulting global economic contraction will stress all countries' fiscal frameworks raising several concerns about real and effective possibilities to deal with all deriving issues. The magnitude of shocks will surely affect the fiscal deficit and public debt in the majority of them. The sustainability and the survival of present worldwide economic system is severely tested. Through the application of the Granger causality methodology, the historical series of monetary aggregates and inflation are analysed for different countries. The goal of this empirical analysis is to support an unconventional approach to the solution of a crisis that has pervaded all nations and economic systems.

Keywords: inflation; money; COVID-19; SARS-CoV 2; monetisation; systems.

DOI: 10.1504/IJBSR.2023.130625

International Journal of Business and Systems Research, 2023 Vol.17 No.3, pp.347 - 366

Received: 30 Apr 2021
Accepted: 04 May 2021

Published online: 02 May 2023 *

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