The role of the “liquidity trap” in Keynesian economics

Authors

  • D. PATINKIN

DOI:

https://doi.org/10.13133/2037-3643/11446

Keywords:

Liquidity trap. Keynesian economics, General Theory

Abstract

Recent discussions in the literature have once again raised the question as to whether the “liquidity trap” plays a crucial role in Keynesian economics. This work first discusses the analytical aspects of this question. The author then examines the General Theory in order to determine Keynes’ own views on the matter.

 

JEL: E12, E31, E52, B22

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Published

2013-12-30

How to Cite

PATINKIN, D. (2013). The role of the “liquidity trap” in Keynesian economics. PSL Quarterly Review, 26(108). https://doi.org/10.13133/2037-3643/11446

Issue

Vol. 26 No. 108 (1974)

Section

Editorial

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