Similar Search Results - EconBiz

The risky steady state and the interest rate lower bound

Hills, Timothy S.; Nakata, Taisuke; Schmidt, Sebastian - 2016 - This draft: January 2016

Even when the policy rate is currently not constrained by its effective lower bound (ELB), the possibility that the policy rate will become constrained in the future lowers today's inflation by creating tail risk in future inflation and thus reducing expected inflation. In an empirically rich...

Persistent link: https://www.econbiz.de/10011499709

Reputation and liquidity traps

Nakata, Taisuke - In: Review of economic dynamics 28 (2018), pp. 252-268

Persistent link: https://www.econbiz.de/10012041469

Liquidity traps and jobless recoveries

Schmitt-Grohé, Stephanie; Uribe, Martín - In: American economic journal : a journal of the American … 9 (2017) 1, pp. 165-204

Persistent link: https://www.econbiz.de/10011613884

Gradualism and liquidity traps

Nakata, Taisuke; Schmidt, Sebastian - In: Review of economic dynamics 31 (2019), pp. 182-199

Persistent link: https://www.econbiz.de/10012228646

Optimal government spending at the zero lower bound : a non-Ricardian analysis

Nakata, Taisuke - In: Review of economic dynamics 23 (2017), pp. 150-169

Persistent link: https://www.econbiz.de/10011745657

Expectations-driven liquidity traps : implications for monetary and fiscal policy

Nakata, Taisuke; Schmidt, Sebastian - In: American economic journal 14 (2022) 4, pp. 68-103

Persistent link: https://www.econbiz.de/10014227177

A service of the