What Fiscal Policy Is Effective at Zero Interest Rates?

2011/01/01 by Gauti B. Eggertsson · 1 citation
Business, Management and Accounting · Economics, Econometrics and Finance · #Economic Theory and Policy #Economics #Financial Literacy, Pension, Retirement Analysis #Fiscal policy #Interest rate #Keynesian economics #Monetary Policy and Economic Impact #Monetary economics #Philosophy #Zero (linguistics)

paper · doi:10.1086/657529

openalex publication_date 2011/01/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/30

Abstract

There is a continuum of households of measure 1. The representative household maximizes

Citations

• Staggered prices in a utility-maximizing framework
• Great Expectations and the End of the Depression
• RETAIL PRICE REACTIONS TO CHANGES IN STATE AND LOCAL SALES TAXES
• Unconventional Fiscal Policy at the Zero Bound
• Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others
• Credit Cycles
• Discretion versus policy rules in practice
• Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy

Cited by

• Recession [wikipedia]

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