The New-Keynesian Liquidity Trap
收藏NBER2013-09-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w19476
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资源简介:
In standard solutions, the new-Keynesian model produces a deep recession with deflation in a liquidity trap. The model also makes unusual policy predictions: Useless government spending, technical regress, and capital destruction have large multipliers. These predictions become larger as prices
提供机构:
美国国家经济研究局
创建时间:
2013-09-01



