A Monetary Policy Rule for Automatic Prevention of a Liquidity Trap
Published Date
Copyright 2006
ISBN 978-0-226-37897-8
Related
Published From Paper
-
Working Paper
In analyses of "liquidity trap" problems associated with the zero lower bound (ZLB) on nominal interest rates, it is...
More from NBER
In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Retirement and Disability, the Bulletin on Health, and the Bulletin on Entrepreneurship — as well as online conference reports, video lectures, and interviews.
Cecilia Rouse, president of the Brookings Institution and a professor at Princeton University, who chaired the Council...
Background Materials:backgroundAthey, Susan, Undral Byambadalai, Vitor Hadad, Sanath Kumar Krishnamurthy, Weiwen Leung...
