Liquidity Trap
Author:
Eggertsson Gauti B.
Publisher
Palgrave Macmillan UK
Reference15 articles.
1. Adam, K., and R. Billi. 2006. Optimal monetary policy under commitment with a zero bound on nominal interest rates. Journal of Money, Credit and Banking (forthcoming).
2. Benhabib, J., S. Schmitt-Grohe, and M. Uribe. 2001. Monetary policy and multiple equilibria. American Economic Review 91: 167–186.
3. Calvo, G. 1978. On the time consistency of optimal policy in a monetary economy. Econometrica 46: 1411–1428.
4. Eggertsson, G. 2005. Great expectations and the end of the depression. Staff report no. 234. Federal Reserve Bank of New York.
5. Eggertsson, G. 2006a. The deflation bias and committing to being irresponsible. Journal of Money, Credit and Banking 38: 283–322.