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Secular stagnation
Bossone, Biagio - 2014
This study analyzes the emergence of secular stagnation as the consequence of a rise in the preference for liquidity. Such a rise is caused by a persistent set of pessimistic expectations. This study also investigates the effectiveness of a broad range of demand-management policies in dealing...
Persistent link: https://www.econbiz.de/10010430693
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The role of the gold standard in Keynesian monetary theory
Sumner, Scott B. - In: Economic inquiry : journal of the Western Economic … 37 (1999) 3, pp. 527-540
Persistent link: https://www.econbiz.de/10001410497
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Three lessons for monetary policy in a low inflation era
Reifschneider, David Leon; Williams, John C. - 1999
Persistent link: https://www.econbiz.de/10001412719
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Three lessons for monetary policy in a low-inflation era
Reifschneider, David Leon; Williams, John C. - In: Journal of money, credit and banking : JMCB 32 (2000) 4,2, pp. 936-966
Persistent link: https://www.econbiz.de/10001537696
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Optimal monetary policy in a liquidity trap
Eggertsson, Gauti B.; Woodford, Michael - 2003
Persistent link: https://www.econbiz.de/10001795726
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Essays in quantitative monetary economics
Klaeffling, Matthias - 2002
Persistent link: https://www.econbiz.de/10001726852
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Some unpleasant properties of log-linearized solutions when the nominal rate is zero
Braun, R. Anton; Körber, Lena Mareen; Waki, Yuichiro - 2012 - Rev.
Does fiscal policy have qualitatively different effects on the economy in a liquidity trap? We analyze a nonlinear stochastic New Keynesian model and compare the true and loglinearized equilibria. Using the loglinearized equilibrium conditions, the answer to the above question is yes. However,...
Persistent link: https://www.econbiz.de/10009513278
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How to escape the differentiation proliferation trap
D'Aveni, Richard A. - In: Strategy & leadership : a publication of Strategic … 38 (2010) 3, pp. 44-49
Persistent link: https://www.econbiz.de/10003987126
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Liquidity and monetary policy
Gale, Douglas - 2010
Persistent link: https://www.econbiz.de/10009127940
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Liquidity preference theory revisited : to ditch or to build on it?
Bibow, Jörg (contributor) - 2005
This paper revisits Keynes's liquidity preference theory as it evolved from the Treatise on Money to The General Theory … and after, with a view of assessing the theory's ongoing relevance and applicability to issues of both monetary theory and … policy. Contrary to the neoclassical "special case" interpretation, Keynes considered his liquidity preference theory of …
Persistent link: https://www.econbiz.de/10003229836