流动性陷阱 帕尔格雷夫经济学大辞典.pdfVIP

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流动性陷阱 帕尔格雷夫经济学大辞典.pdf

liquidity trap A liquidity trap is defined as a situation in which the short-term nominal interest rate is zero. The old Keynesian literature emphasized that increasing money supply has no effect in a liquidity trap so that monetary policy is ineffective. The modern literature,

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