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A Small Corner of Intertemporal Public Finance - New Developments in Monetary Economics: 2 Ghosts, 2 Eccentricities, A Fallacy, A Mirage and A Mythos

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NBER2004-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w10524
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资源简介:
Monetary theory and policy are part of intertemporal public finance. The lecture reviews some interesting recent developments. The two ghosts are the venerable liquidity trap and the Pigou effect or real balance effect. The eccentricities are negative nominal interest rates and the helicopter drop
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美国国家经济研究局
创建时间:
2004-05-01
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