The role of the “liquidity trap” in Keynesian economics

Recent discussions in the literature have once again raised the question as to whether the “liquidity trap” plays a crucial role in Keynesian economics. This work first discusses the analytical aspects of this question. The author then examines the General Theory in order to determine Keynes’ own vi...

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Bibliographic Details
Main Author: D. PATINKIN
Format: Article
Language:English
Published: Associazione Economia civile 2013-12-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11446