The liquidity trap: an alternative explanation for today's low inflation

In contrast with many people’s expectations, the Fed’s injection of $3.5 trillion into the economy caused no significant inflation or increases in the price level. There are many possible explanations in the mainstream; an alternative is a liquidity trap.

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Year of publication:	2014
Authors:	Wen, 文一 ; Arias, Arias , Maria A.
Published in:	The Regional Economist. - Federal Reserve Bank of St. Louis. - 2014, April, 2
Publisher:	Federal Reserve Bank of St. Louis

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010765400