Fiscal Policy in an Expectations-Driven Liquidity Trap

DOI10.1093/restud/rdu016zbMath1405.91455OpenAlexW2136798818MaRDI QIDQ4610698

Karel Mertens, Morten O. Ravn

Publication date: 23 January 2019

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://discovery.ucl.ac.uk/id/eprint/10066707/

zbMATH Keywords

fiscal policyliquidity trapzero lower boundconfidence shocks

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

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