The Making Of A Great Contraction With A Liquidity Trap and A Jobless Recovery
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https://www.nber.org/papers/w18544
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资源简介：
The great contraction of 2008 pushed the U.S. economy into a protracted liquidity trap (i.e., a long period with zero nominal interest rates and inflationary expectations below target). In addition, the recovery was jobless (i.e., output growth recovered but unemployment lingered). This paper
提供机构：
美国国家经济研究局
创建时间：
2012-11-01
