The Liquidity Trap and Price-Level Targeting
| Author | : Andrew Lilico |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2004 |
| ISBN-10 | : OCLC:1375553781 |
| ISBN-13 | : |
| Rating | : 4/5 (81 Downloads) |
Book Synopsis The Liquidity Trap and Price-Level Targeting by : Andrew Lilico
Download or read book The Liquidity Trap and Price-Level Targeting written by Andrew Lilico and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the liquidity trap and why Keynesian fiscal expansion is not the way out. Inflation-targeting is argued to make things worse, but price-level targeting evades the trap altogether.
