NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

A Monetary Policy Rule for Automatic Prevention of a Liquidity Trap

Bennett T. McCallum ,

Chapter in NBER book Monetary Policy under Very Low Inflation in the Pacific Rim, NBER-EASE, Volume 15 (2006), Takatoshi Ito and Andrew K. Rose, editors (p. 9 - 42)*
Published in September 2006

This chapter first appeared as NBER working paper w11056, A Monetary Policy Rule for Automatic Prevention of a Liquidity Trap, Bennett T. McCallum

This paper is not currently available on-line.
(The online version is in preparation and may be available in a few days).

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