Matches in DBpedia 2014 for { <http://dbpedia.org/resource/Zero_lower_bound_problem> ?p ?o. }
Showing items 1 to 13 of
13
with 100 items per page.
- Zero_lower_bound_problem abstract "The Zero Lower Bound Problem (ZLB) is a macroeconomic situation in which the short-term nominal interest rate is zero, or just above zero, causing a liquidity trap and limiting the capacity that the central bank has to stimulate economic growth. This problem returned to prominence with the Japan's experience during the 90's, and more recently with the subprime crisis. The belief that monetary policy under the ZLB was effective in promoting economy growth has been critiqued by Paul Krugman, Gauti Eggertsson, and Michael Woodford among others. Milton Friedman, on the other hand, argued that a zero nominal interest rate presents no problem for monetary policy. According to Friedman, a central bank can increase the monetary base even if the interest rate vanishes; it only needs to continue buying bonds. Other economists point out that there are more efficient ways to adjust the money supply.".
- Zero_lower_bound_problem wikiPageExternalLink monetary-policy.
- Zero_lower_bound_problem wikiPageID "38547710".
- Zero_lower_bound_problem wikiPageRevisionID "603557465".
- Zero_lower_bound_problem hasPhotoCollection Zero_lower_bound_problem.
- Zero_lower_bound_problem subject Category:Economics.
- Zero_lower_bound_problem subject Category:Macroeconomics.
- Zero_lower_bound_problem subject Category:Monetary_policy.
- Zero_lower_bound_problem comment "The Zero Lower Bound Problem (ZLB) is a macroeconomic situation in which the short-term nominal interest rate is zero, or just above zero, causing a liquidity trap and limiting the capacity that the central bank has to stimulate economic growth. This problem returned to prominence with the Japan's experience during the 90's, and more recently with the subprime crisis.".
- Zero_lower_bound_problem label "Zero lower bound problem".
- Zero_lower_bound_problem sameAs m.011bvvpm.
- Zero_lower_bound_problem wasDerivedFrom Zero_lower_bound_problem?oldid=603557465.
- Zero_lower_bound_problem isPrimaryTopicOf Zero_lower_bound_problem.