Eliminating a deflationary trap through superinertial interest rate rules

Tomohiro Sugo; Kozo Ueda

doi:10.1016/j.econlet.2007.12.006

Eliminating a deflationary trap through superinertial interest rate rules

Tomohiro Sugo^*, Kozo Ueda

^*この研究の対応する著者

研究成果: Article › 査読

4 被引用数 (Scopus)

抄録

This paper demonstrates that, even in the presence of a zero lower bound on nominal interest rates, central banks can eliminate a deflationary trap by the conduct of interest rate rules that have superinertia.

本文言語	English
ページ（範囲）	119-122
ページ数	4
ジャーナル	Economics Letters
巻	100
号	1
DOI	https://doi.org/10.1016/j.econlet.2007.12.006
出版ステータス	Published - 2008 7 1
外部発表	はい

ASJC Scopus subject areas

財務
経済学、計量経済学

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10.1016/j.econlet.2007.12.006

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Eliminating a deflationary trap through superinertial interest rate rules

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