Volume : V, Issue : XI, November - 2016

The liquidity trap and deflation in the euro area

Maria Pompo

Abstract :

 ?e article reviews the various theories about debt deflation, starting from the theory of Irving Fisher to modern, inspired by financial instability in the euro. Efforts will also be, to retrace the Keynesian theory, the liquidity trap, which tends to indicate the ineffectiveness of monetary policy and the strength of fiscal policy.

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Maria Pompo, The liquidity trap and deflation in the euro area, International Journal of Scientific Research, Volume : 5 | Issue : 11 | November 2016

Number of Downloads : 356

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