Escaping the Great Recession
收藏NBER2014-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20238
下载链接
链接失效反馈官方服务：
资源简介：
We show that policy uncertainty about how the rising public debt will be stabilized accounts for the lack of deflation in the US economy at the zero lower bound. We first estimate a Markov-switching VAR to highlight that a zero-lower-bound regime captures most of the comovements during the Great
提供机构：
美国国家经济研究局
创建时间：
2014-06-01
