TY  - RPRT
AU  - Palacio Vera, Alfonso
PY  - 2008
SN  - 2255-5471
UR  - https://hdl.handle.net/20.500.14352/56668
AB  - We compare the “New Consensus” (NC) in macroeconomics as expounded in Woodford (2003) and the Post-Keynesian (PK) approach regarding the causes of a “liquidity trap” (LT). We argue that in the NC a LT is a phenomenon caused by unusually large...
LA  - eng
A3  - Facultad de Ciencias Económicas y Empresariales. Decanato
KW  - Neutral interest rate
KW  - Liquidity trap
KW  - New Consensus in macroeconomics
KW  - Credit rationing and liquidity preference
TI  - The "New consensus"and the Post-Keynesian approach to the analysis of liquidity traps
TY  - technical report
VL  - 2008
ER  -