Related Books
Language: en
Pages: 0
Pages: 0
Type: BOOK - Published: 2004 - Publisher:
This paper discusses the liquidity trap and why Keynesian fiscal expansion is not the way out. Inflation-targeting is argued to make things worse, but price-lev
Language: en
Pages: 40
Pages: 40
Type: BOOK - Published: 2003 - Publisher:
"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 opt
Language: en
Pages: 58
Pages: 58
Type: BOOK - Published: 2001 - Publisher:
This paper considers whether 'liquidity trap' issues have important bearing on the desirability of inflation targeting as a strategy for monetary policy. From a
Language: en
Pages:
Pages:
Type: BOOK - Published: 2019 - Publisher:
Language: en
Pages: 469
Pages: 469
Type: BOOK - Published: 2007-11-01 - Publisher: University of Chicago Press
Over the past fifteen years, a significant number of industrialized and middle-income countries have adopted inflation targeting as a framework for monetary pol