Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others
收藏NBER2003-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10195
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资源简介:
Existing proposals to escape from a liquidity trap and deflation, including my Foolproof Way,' are discussed in the light of the optimal way to escape. The optimal way involves three elements: (1) an explicit central-bank commitment to a higher future price level; (2) a concrete action that
提供机构:
美国国家经济研究局
创建时间:
2003-12-01



