LIQUIDITY TRAP IN THE UNITED STATES, THE EURO AREA AND JAPAN

LIQUIDITY TRAP IN THE UNITED STATES, THE EURO AREA AND JAPAN

When a country falls into a liquidity trap it means that its central bank lacks an effective expansionary monetary policy aimed at increasing consumption and investment demand. Market participants (households and enterprises), instead of increasing demand, accumulate a growing money supply in the fo...

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Bibliographic Details
Main Author: Piotr Misztal
Format: Article
Language:English
Published: Wydawnictwo SGGW - Warsaw University od Life Sciences Press 2020-12-01
Series:Polityki Europejskie, Finanse i Marketing
Subjects:
liquidity trap
financial crisis
monetary policy
Online Access:https://pefim.sggw.edu.pl/article/view/1038

Internet

https://pefim.sggw.edu.pl/article/view/1038

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