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The two demands : why a demand for non-consumable money is different from a demand for consumable goods

Levando, Dmitry V. - 2020

Persistent link: https://www.econbiz.de/10012244753

Frictional asset markets and the liquidity channel of monetary policy

Herrenbrueck, Lucas - In: Journal of economic theory 181 (2019), pp. 82-120

Persistent link: https://www.econbiz.de/10012131810

Further insights on endogenous money and the liquidity preference theory of interest

Lavoie, Marc; Reissl, Severin - In: Journal of Post Keynesian economics 42 (2019) 4, pp. 503-526

Persistent link: https://www.econbiz.de/10012196062

On the monetary nature of the interest rate in a Keynes-Schumpeter perspective

Bertocco, Giancarlo; Kalajzić, Andrea - In: Journal of Post Keynesian economics 42 (2019) 4, pp. 527-553

Persistent link: https://www.econbiz.de/10012196065

A monetary analysis of the liquidity trap with an application to the USA

Pinto, João Braz; Andrade, João de Sousa - In: Contemporary economics 13 (2019) 4, pp. 446-470

Keynes emphasized a specific situation in which the liquidity preference becomes absolute, leading to monetary policy ineffectiveness when nominal interest approaches the zero-bound rate. This situation was termed a liquidity trap (LT) by Robertson and was popularized by the Hicks- Hansen...

Persistent link: https://www.econbiz.de/10012177015