Open AccessIs There a Fiscal Free Lunch in a Liquidity Trap?
Author(s) -
Christopher J. Erceg,
Jesper Lindé
Publication year - 2010
Publication title -
international finance discussion papers
Language(s) - English
Resource type - Journals
eISSN - 2767-4509
pISSN - 1073-2500
DOI - 10.17016/ifdp.2010.1003
Subject(s) - liquidity trap , economics , market liquidity , monetary economics , stimulus (psychology) , government spending , fiscal multiplier , debt , fiscal policy , dynamic stochastic general equilibrium , macroeconomics , liquidity crisis , monetary policy , welfare , market economy , psychology , psychotherapist