Matches in SemOpenAlex for { <https://semopenalex.org/work/W1507574964> ?p ?o ?g. }
Showing items 1 to 85 of
85
with 100 items per page.
- W1507574964 abstract "Monetary theory and policy are part of intertemporal public finance. This Paper reviews some interesting recent developments. The two ghosts are the venerable liquidity trap and the Pigou effect or real balance effect. The eccentricities are negative nominal interest rates and the helicopter drop of base money - two unconventional policies for stimulating consumer demand even when nominal interest rates, short and long, present and future, are at their zero lower bounds. The fallacy is the so-called Fiscal Theory of the Price Level, a logically inconsistent theory of the link between the government budget and the general price level. The mirage is the prediction that financial deregulation and technical change in the payments and settlements technology (e-money, etc.) will cause monetary policy to lose its capacity to influence even nominal economic variables. Mythos refers to the independent central bank." @default.
- W1507574964 created "2016-06-24" @default.
- W1507574964 creator A5002338111 @default.
- W1507574964 date "2004-05-01" @default.
- W1507574964 modified "2023-09-25" @default.
- W1507574964 title "A Small Corner of Intertemporal Public Finance - New Developments in Monetary Economics: 2 Ghosts, 2 Eccentricities, A Fallacy, A Mirage and A Mythos" @default.
- W1507574964 cites W1481560811 @default.
- W1507574964 cites W1555103369 @default.
- W1507574964 cites W1568223908 @default.
- W1507574964 cites W157392218 @default.
- W1507574964 cites W1598609292 @default.
- W1507574964 cites W1804733649 @default.
- W1507574964 cites W1982156942 @default.
- W1507574964 cites W1984590656 @default.
- W1507574964 cites W2009753197 @default.
- W1507574964 cites W2021726662 @default.
- W1507574964 cites W2022401317 @default.
- W1507574964 cites W2079768115 @default.
- W1507574964 cites W2100879586 @default.
- W1507574964 cites W2138634079 @default.
- W1507574964 cites W2140347937 @default.
- W1507574964 cites W2140920447 @default.
- W1507574964 cites W2144395073 @default.
- W1507574964 cites W2148461191 @default.
- W1507574964 cites W2148806103 @default.
- W1507574964 cites W2150204188 @default.
- W1507574964 cites W2158866471 @default.
- W1507574964 cites W2169417293 @default.
- W1507574964 cites W2189139855 @default.
- W1507574964 cites W2892299916 @default.
- W1507574964 cites W3020850039 @default.
- W1507574964 cites W3121158926 @default.
- W1507574964 cites W3121577856 @default.
- W1507574964 cites W3121836009 @default.
- W1507574964 cites W3122230798 @default.
- W1507574964 cites W3122448459 @default.
- W1507574964 cites W3123579556 @default.
- W1507574964 cites W3123672019 @default.
- W1507574964 cites W3123949599 @default.
- W1507574964 cites W3124514228 @default.
- W1507574964 cites W3125192006 @default.
- W1507574964 cites W3125797556 @default.
- W1507574964 cites W3168870039 @default.
- W1507574964 cites W584470827 @default.
- W1507574964 doi "https://doi.org/10.3386/w10524" @default.
- W1507574964 hasPublicationYear "2004" @default.
- W1507574964 type Work @default.
- W1507574964 sameAs 1507574964 @default.
- W1507574964 citedByCount "5" @default.
- W1507574964 countsByYear W15075749642020 @default.
- W1507574964 crossrefType "report" @default.
- W1507574964 hasAuthorship W1507574964A5002338111 @default.
- W1507574964 hasBestOaLocation W15075749641 @default.
- W1507574964 hasConcept C111472728 @default.
- W1507574964 hasConcept C133425853 @default.
- W1507574964 hasConcept C138885662 @default.
- W1507574964 hasConcept C139719470 @default.
- W1507574964 hasConcept C162324750 @default.
- W1507574964 hasConcept C178283979 @default.
- W1507574964 hasConcept C2781035248 @default.
- W1507574964 hasConceptScore W1507574964C111472728 @default.
- W1507574964 hasConceptScore W1507574964C133425853 @default.
- W1507574964 hasConceptScore W1507574964C138885662 @default.
- W1507574964 hasConceptScore W1507574964C139719470 @default.
- W1507574964 hasConceptScore W1507574964C162324750 @default.
- W1507574964 hasConceptScore W1507574964C178283979 @default.
- W1507574964 hasConceptScore W1507574964C2781035248 @default.
- W1507574964 hasLocation W15075749641 @default.
- W1507574964 hasLocation W15075749642 @default.
- W1507574964 hasOpenAccess W1507574964 @default.
- W1507574964 hasPrimaryLocation W15075749641 @default.
- W1507574964 hasRelatedWork W1568405268 @default.
- W1507574964 hasRelatedWork W1965538864 @default.
- W1507574964 hasRelatedWork W1971243538 @default.
- W1507574964 hasRelatedWork W1982792975 @default.
- W1507574964 hasRelatedWork W2021921040 @default.
- W1507574964 hasRelatedWork W2036965105 @default.
- W1507574964 hasRelatedWork W2052993949 @default.
- W1507574964 hasRelatedWork W2064926781 @default.
- W1507574964 hasRelatedWork W2076209206 @default.
- W1507574964 hasRelatedWork W2094474305 @default.
- W1507574964 isParatext "false" @default.
- W1507574964 isRetracted "false" @default.
- W1507574964 magId "1507574964" @default.
- W1507574964 workType "report" @default.