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

Volume

1998

Issue

2

Pages

137-205

DOI

10.2307/2534694

DOI registrant

registered by a platform that did not publish the work; the publisher is not recorded

Link

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

Cited from

systems_cybernetics

Cited by

2 citations across 2 artifacts.

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.

Domain-specific

• Liquidity Trap
  • Keynes introduced the concept in the General Theory (1936); Hicks formalized it in the IS-LM model (1937); Krugman revived and quantified it in analyzing Japan's 1990s stagnation ("Japan's Trap," 1998); Eggertsson and Woodford (2003) embedded it in New Keynesian models with explicit expectations structure

    Supported in partVerified against the source

    Read by an automated reader; not a human review. How support was checked

Verification

Does it exist? Not checked yet. This work's DOI is recorded above but has not been resolved against an external catalogue, so nothing here confirms the work exists.

Does it back the claim? Read against the text for 1 of 2 citations: 1 supported in part. Each verdict is shown under its citation below, with what in the work backs the sentence.

Support is checked per citation rather than per work — the same source can be cited soundly in one article and wrongly in another. Per-citation recording began recently, so a citation with no recorded check is a gap in the record rather than evidence it went unchecked.

See how references were verified.

Links previously used in the corpus

Before the registry existed this work was also linked 1 other way.

• https://doi.org/10.2307/2534694 ×1

Registry ID ref:df6e26c54943 · see in the full table