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keynesian liquidity trap [1 record]

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Record 1 1998-11-19

English

Subject field(s)
  • Currency and Foreign Exchange
CONT

The underlying theory is a version of Keynesian liquidity trap: desired savings only match desired investment, at full employment, if the real rate of interest is negative.

French

Domaine(s)
  • Politique monétaire et marché des changes
CONT

La théorie qui justifie cette position se réfère à la trappe à liquidités keynésienne : lorsqu'il y a plein emploi, le niveau désiré de l'épargne ne correspond au niveau désiré de l'investissement que si le taux d'intérêt réel est négatif.

Spanish

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