Adam, Klaus (contributor); Billi, Roberto M. (contributor) - 2005
Optimal Policy, Occasionally Binding Constraint, Sequential Policy,
Markov Perfect Equilibrium, Liquidity Trap
* We would …, “The Case for Open-Market
Purchases in a Liquidity Trap,” NBER Working Paper No. 9814, 2003.
Barro, Robert and David B …,” Journal of Money, Credit, and Banking (forthcoming), 2005.
and Michael Woodford, “Optimal Monetary Policy in a Liquidity
Trap …