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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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-12-01
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| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11446 |
| _version_ | 1811172494596374528 |
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| author | D. PATINKIN |
| author_facet | D. PATINKIN |
| author_sort | D. PATINKIN |
| collection | DOAJ |
| description | 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 views on the matter.
JEL: E12, E31, E52, B22
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| first_indexed | 2024-04-10T17:31:06Z |
| format | Article |
| id | doaj.art-2ac8f96a32504b4e8f0a6544fb19d6bc |
| institution | Directory Open Access Journal |
| issn | 2037-3635 2037-3643 |
| language | English |
| last_indexed | 2024-04-10T17:31:06Z |
| publishDate | 2013-12-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | PSL Quarterly Review |
| spelling | doaj.art-2ac8f96a32504b4e8f0a6544fb19d6bc2023-02-03T16:44:57ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432013-12-012610810.13133/2037-3643/11446The role of the “liquidity trap” in Keynesian economicsD. PATINKINRecent 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 views on the matter. JEL: E12, E31, E52, B22 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11446Liquidity trap. Keynesian economicsGeneral Theory |
| spellingShingle | D. PATINKIN The role of the “liquidity trap” in Keynesian economics PSL Quarterly Review Liquidity trap. Keynesian economics General Theory |
| title | The role of the “liquidity trap” in Keynesian economics |
| title_full | The role of the “liquidity trap” in Keynesian economics |
| title_fullStr | The role of the “liquidity trap” in Keynesian economics |
| title_full_unstemmed | The role of the “liquidity trap” in Keynesian economics |
| title_short | The role of the “liquidity trap” in Keynesian economics |
| title_sort | role of the liquidity trap in keynesian economics |
| topic | Liquidity trap. Keynesian economics General Theory |
| url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11446 |
| work_keys_str_mv | AT dpatinkin theroleoftheliquiditytrapinkeynesianeconomics AT dpatinkin roleoftheliquiditytrapinkeynesianeconomics |