Global liquidity trap
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Altmetric Citations
Fujiwara, Ippei; Nakajima, Tomoyuki; Sudo, Nao; Teranishi, Yuki
Description
How should monetary policy respond to a "global liquidity trap," where the two countries may fall into a liquidity trap simultaneously? Using a two-country New Open Economy Macroeconomics model, we first characterize optimal monetary policy, and show that
dc.contributor.author | Fujiwara, Ippei | |
---|---|---|
dc.contributor.author | Nakajima, Tomoyuki | |
dc.contributor.author | Sudo, Nao | |
dc.contributor.author | Teranishi, Yuki | |
dc.date.accessioned | 2015-12-13T22:32:37Z | |
dc.identifier.issn | 0304-3932 | |
dc.identifier.uri | http://hdl.handle.net/1885/75649 | |
dc.description.abstract | How should monetary policy respond to a "global liquidity trap," where the two countries may fall into a liquidity trap simultaneously? Using a two-country New Open Economy Macroeconomics model, we first characterize optimal monetary policy, and show that | |
dc.publisher | Elsevier | |
dc.source | Journal of Monetary Economics | |
dc.title | Global liquidity trap | |
dc.type | Journal article | |
local.description.notes | Imported from ARIES | |
local.identifier.citationvolume | 60 | |
dc.date.issued | 2013 | |
local.identifier.absfor | 140200 - APPLIED ECONOMICS | |
local.identifier.ariespublication | f5625xPUB4728 | |
local.type.status | Published Version | |
local.contributor.affiliation | Fujiwara, Ippei, College of Asia and the Pacific, ANU | |
local.contributor.affiliation | Nakajima, Tomoyuki, Kyoto University | |
local.contributor.affiliation | Sudo, Nao, Bank of Japan | |
local.contributor.affiliation | Teranishi, Yuki, Keio University | |
local.description.embargo | 2037-12-31 | |
local.bibliographicCitation.issue | 8 | |
local.bibliographicCitation.startpage | 936 | |
local.bibliographicCitation.lastpage | 949 | |
local.identifier.doi | 10.1016/j.jmoneco.2013.08.004 | |
dc.date.updated | 2015-12-11T09:08:54Z | |
local.identifier.scopusID | 2-s2.0-84888379553 | |
local.identifier.thomsonID | 000328870900004 | |
Collections | ANU Research Publications |
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