The New-Keynesian Liquidity Trap
NBER Working Paper No. 19476
---- Acknowledgements ----
I thank Tom Coleman, Bill Dupor, Martin Eichenbaum, Jesús Fernández-Villaverde, Miles Kimball, Narayana Kocherlakota, Ed Nelson, Ivan Werning, Johannes Weiland, anonymous referees, and many seminar participants for many helpful comments. I thank CRSP and the Guggenheim Foundation for research support. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.