Sharing the Burden: Monetary and Fiscal Responses to a World Liquidity Trap
收藏NBER2011-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17131
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资源简介：
With integrated trade and financial markets, a collapse in aggregate demand in a large country can cause 'natural real interest rates' to fall below zero in all countries, giving rise to a global 'liquidity trap'. This paper explores the policy choices that maximize the joint welfare of all
提供机构：
美国国家经济研究局
创建时间：
2011-06-01
