The Zero Bound in an Open Economy: A Foolproof Way of Escaping from a Liquidity Trap

2000-10-01reportNational Bureau of Economic Research282 citationsgreen

No readable copy stored yet — this record is metadata only.

Monetary Policy and Economic Impact Global Financial Crisis and Policies Economic theories and models

Abstract

7KH =HUR %RXQG LQ DQ 2SHQ (.RQRP\ $ )RROSURRI :D\ RI (V.DSLQJ IURP D /LTXLGLW\ 7UDS /DUV (2 6YHQVVRQ 1%(5 :RUNLQJ 3DSHU 1R 2.WREHU -(/ 1R ( ) ) ) $%675$&7 7KH SDSHU H[DPLQHV WKH WUDQVPLVVLRQ PH.KDQLVP RI PRQHWDU\ SROL.\LQ DQ RSHQ H

Citations in this library

Stored only when both papers are in the corpus — 282 citations exist upstream.

References

1998The Financial Accelerator in a Quantitative Business Cycle Framework

1996Staggered Prices in a Utility-Maximizing Framework

1997An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy

1998It's Baaack: Japan's Slump and the Return of the Liquidity Trap

1995Inside the Black Box: The Credit Channel of Monetary Policy Transmission

1999Optimal Monetary Policy Inertia

1999New Directions for Stochastic Open Economy Models

1997Identifying monetary policy in a small open economy under flexible exchange rates

Cited by

2009International capital flows and U.S. interest rates

2005The Case for Open-Market Purchases in a Liquidity Trap

1973The General Theory of Employment Interest and Money

2011Keynesian government spending multipliers and spillovers in the euro area

2010Simple and Robust Rules for Monetary Policy

2002Preventing Deflation: Lessons from Japan's Experience in the 1990s

2003Optimal Monetary Policy in a Liquidity Trap

2003Overcoming the Zero Bound on Nominal interest Rates with Negative Interest on Currency: Gesell's Solution