Policy options in a liquidity trap

American Economic Review

Volumn 94, Issue 2, 2004, Pages 76-79

  Eggertsson, Gauti B ^a   Woodford, Michael ^b  

^a INTERNATIONAL MONETARY FUND   (United States)

^b PRINCETON UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 4043143555     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/0002828041301740     Document Type: Conference Paper

References (5)

1. Auerbach, Alan J. and Obstfeld, Maurice. "The Case for Open-Market Purchases in a Liquidity Trap." National Bureau of Economic Research (Cambridge, MA) Working Paper No. 9814, July 2003.
2. Bernanke, Ben S. and Reinhart, Vincent R. "Conducting Monetary Policy at Very Low Short-Term Interest Rates." American Economic Review, May 2004 (Papers and Proceedings), 94(2), pp. 85-90.
3. Eggertsson, Gauti B. and Woodford, Michael. "The Zero Bound on Interest Rates and Optimal Monetary Policy." Brookings Papers on Economic Activity, 2003, (1), pp. 139-233.
4. Keynes, John Maynard. The general theory of employment, interest, and money. London, U.K.: Macmillan, 1936.
5. Krugman, Paul. "It's Baaack! Japan's Slump and the Return of the Liquidity Trap." Brookings Papers on Economic Activity, 1998, (2), pp. 137-87.