Results 61 to 70 of about 846,886 (222)
Negative Interest Rate Policy in a Permanent Liquidity Trap
Social Science Research Network, 2019 Using a dynamic general equilibrium model, this paper theoretically analyzes a negative interest rate policy in a permanent liquidity trap. If the natural nominal interest rate is above the lower bound set by the presence of vault cash held by commercial
Ryu-ichiro Murota
semanticscholar +1 more source
Monetary Implications of the Hayashi-Prescott Hypothesis for Japan [PDF]
Japan, Productivity Slowdown, Liquidity ...
David Andolfatto
core
Cuadernos de Economía, 2001 In this essay an analysis is carried out on the Fisher Effect<br />upon the colombian economy during 1980-2000 taking the quarterly data of nominal interest rate and the inflation rateo Our results show that the nominal interest rate and the ...
Sáenz Castro Jorge Enrique +1 more
doaj
Foreign exchange and the liquidity trap [PDF]
When short-term interest rates hover near zero, central banks may have difficulty offsetting downward momentum on prices and economic activity through traditional monetary-policy channels, since commercial banks have little incentive to make loans ...
Owen F. Humpage, William R. Melick
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The costs of macroprudential deleveraging in a liquidity trap
Review of economic dynamics (Print), 2023 Jiaqian Chen +3 more
semanticscholar +1 more source
Escaping from a Combination of Liquidity Trap and Credit Crunch [PDF]
This brief exposition suggests that the Federal Reserve System temporarily guarantee a lower bound on stock prices in order to escape the current combination of liquidity trap and credit crunch. It shortly discusses reasons for this measure, consequences,
Frank Heinemann
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Liquidity Deflation and Liquidity Trap under Flexible Prices: Some Microfoundations and Implications
, 2019 The paper discusses simple microfoundations for Liquidity Deflation (Calvo 2016, Chapter 2), which gives rise to liquidity trap under perfectly flexible prices/wages.
G. Calvo
semanticscholar +1 more source
Rect@, 2014 During the last years Mexican economy has gone through an intense process of accelerated changes that have brought adjustments on several spheres of economic life.
Bravo Benítez, Ernesto
doaj
Liquidity Traps: How to Avoid Them and How to Escape Them [PDF]
The paper considers ways of avoiding a liquidity trap and ways of getting out of one. Unless lower short nominal interest rates are associated with significantly lower interest volatility, a lower average rate of inflation, which will be associated with ...
Nikolaos Panigirtzoglou +1 more
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