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Liquidity traps and expectation dynamics: Fiscal stimulus or fiscal austerity? · Study

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ArticleLiquidity traps and expectation dynamics: Fiscal stimulus or fiscal austerity?

Jess Benhabib2014

OA

Articlegreen2014

Liquidity traps and expectation dynamics: Fiscal stimulus or fiscal austerity?

Jess Benhabib · George W. Evans · Seppo Honkapohja

51 citations·0/0 files stored·Journal of Economic Dynamics and Control

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Monetary Policy and Economic Impact Economic Theory and Policy Economic theories and models

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References

2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY 2010The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks 2001Learning and Expectations in Macroeconomics 1991Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies 1982Sticky Prices in the United States 2011When Is the Government Spending Multiplier Large?2003Zero Bound on Interest Rates and Optimal Monetary Policy 1998It's Baaack: Japan's Slump and the Return of the Liquidity Trap

Cited by

2019Price level targeting with evolving credibility 2018MONETARY AND FISCAL POLICY DESIGN AT THE ZERO LOWER BOUND: EVIDENCE FROM THE LAB 2015Monetary Policy Under Behavioral Expectations: Theory and Experiment 2014Targeting Nominal GDP or Prices: Guidance and Expectation Dynamics 2019Managing unanchored, heterogeneous expectations and liquidity traps 2022EXPECTATIONS, STAGNATION, AND FISCAL POLICY: A NONLINEAR ANALYSIS 2016Monetary policies to counter the zero interest rate: an overview of research 2015Comparing Inflation and Price‐Level Targeting: The Role of Forward Guidance and Transparency

Details

Year2014

Typearticle

Published2014-06-07

VenueJournal of Economic Dynamics and Control

ISSN-L0165-1889

Languageen

Citations51

Files0 public / 0

ShelfMonetary Policy and Economic Impact

Identifiers

doi10.1016/j.jedc.2014.05.021

openalex_workW2104801013

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