Was the New Deal Contractionary?

被引:61
作者
Eggertsson, Gauti B. [1 ]
机构
[1] Fed Reserve Bank New York, New York, NY 10045 USA
关键词
OPTIMAL MONETARY-POLICY; GREAT-DEPRESSION; INTEREST-RATES; DEFLATION; PRICES; MARKET; RULES; COSTS;
D O I
10.1257/aer.102.1.524
中图分类号
F [经济];
学科分类号
02 ;
摘要
[No abstract available]
引用
收藏
页码:524 / 555
页数:32
相关论文
共 45 条
  • [1] Optimal monetary policy under commitment with a zero bound on nominal interest rates
    Adam, Klaus
    Billi, Roberto M.
    [J]. JOURNAL OF MONEY CREDIT AND BANKING, 2006, 38 (07) : 1877 - 1905
  • [2] [Anonymous], 2006, MONETARY EC STUDIES
  • [3] [Anonymous], DEBT DELEVERAG UNPUB
  • [4] The case for open-market purchases in a liquidity trap
    Auerbach, AJ
    Obstfeld, M
    [J]. AMERICAN ECONOMIC REVIEW, 2005, 95 (01) : 110 - 137
  • [5] Money, sticky wages, and the great depression
    Bordo, MD
    Erceg, CJ
    Evans, CL
    [J]. AMERICAN ECONOMIC REVIEW, 2000, 90 (05) : 1447 - 1463
  • [6] STAGGERED PRICES IN A UTILITY-MAXIMIZING FRAMEWORK
    CALVO, GA
    [J]. JOURNAL OF MONETARY ECONOMICS, 1983, 12 (03) : 383 - 398
  • [7] CECCHETTI SG, 1992, AM ECON REV, V82, P141
  • [8] Business cycle accounting
    Chari, V. V.
    Kehoe, Patrick J.
    McGrattan, Ellen R.
    [J]. ECONOMETRICA, 2007, 75 (03) : 781 - 836
  • [9] The Great Depression and the Friedman-Schwartz hypothesis
    Christiano, L
    Motto, R
    Rostagno, M
    [J]. JOURNAL OF MONEY CREDIT AND BANKING, 2003, 35 (06) : 1119 - 1197
  • [10] Nominal rigidities and the dynamic effects of a shock to monetary policy
    Christiano, LJ
    Eichenbaum, M
    Evans, CL
    [J]. JOURNAL OF POLITICAL ECONOMY, 2005, 113 (01) : 1 - 45