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U.S. economic prospects : secular stagnation, hysteresis, and the zero lower bound

Summers, Lawrence Henry - In: Business economics : the journal of the National … 49 (2014) 2, pp. 65-73

Persistent link: https://www.econbiz.de/10010423585

The long-term effect of current macroeconomic policies

Summers, Lawrence Henry - 1984

Persistent link: https://www.econbiz.de/10002900884

The non-adjustment of nominal interest rates : a study of the Fisher effect

Summers, Lawrence Henry - 1982

Persistent link: https://www.econbiz.de/10002900896

Optimal Inflation Policy

Summers, Lawrence H. - 1979

This paper considers the problem of optimal long run monetary policy. It shows that optimal inflation policy involves trading off two quite different considerations. First, increases in the rate of inflation tax the holding of many balances, leading to a deadweight loss as excessive resources...

Persistent link: https://www.econbiz.de/10012478794