Essays about: "Liquidity Trap"

Found 2 essays containing the words Liquidity Trap.

1. 1. Negative Interest Rates Effect Economic Stability

   University essay from Mälardalens högskola/Akademin för ekonomi, samhälle och teknik

   Author : Marko Nikolic; Miriam Homsi; [2018]
   Keywords : negative interest rates; central banks; monetary policy;

   Abstract : Today's monetary policy is a historic one, where the introduction of negative interest rates has started a new "age" of unconventional monetary policy and some argue that there is a need for further unconventional monetary tools. The purpose of this thesis is to analyze negative interest rates, how they came to be, what long-term eect they have on economic stability and if its possible to get out. READ MORE

3. 2. Government Spending Multipliers in a Liquidity Trap: Evidence From a Panel of Advanced Economies

   University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Author : Robert Boyle; [2017]
   Keywords : Government Spending; Liquidity Trap; New Keynesian; State-Dependent; Local Projection;

   Abstract : When interest rates are close to their zero lower bound, much of New Keynesian theory suggests that government multipliers are elevated and provides clear mechanisms that generate these larger multipliers. However, empirical evidence on both the size of multipliers and the predicted channels is more mixed. READ MORE