It's Baaack

Krugman, P. R. (1998). It's Baaack: Japan's Slump and the Return of the Liquidity Trap. Brookings Papers on Economic Activity, 1998(2), 137-205.

Type

Journal article

Intellectual base

Primary research

Year

1998

Link

https://www.brookings.edu/articles/its-baaack-japans-slump-and-the-return-of-the-liquidity-trap/

Cited from

systems_cybernetics

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Primes

• Stock Disabled Control
  • The bank, seeing no recovery, cuts further and reaches the zero bound with nothing happening: the classic liquidity trap, which the tuning frame misreads as insufficient stimulus.

    This sourceCanonical modern analysis of the liquidity trap in which the policy rate hits the zero bound and monetary stimulus ceases to propagate.

Verification

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Registry ID ref:df6e26c54943 · see in the full table