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Comment on Brad Delong: Can We Generate Controlled Reflation in a Liquidity Trap?

Author

Listed:
  • Sumner Scott

    (Bentley University)

Abstract

Brad Delong overlooks several highly effective ways of exiting liquidity traps without overshooting toward excess inflation, according to Scott Sumner of Bentley University.

Suggested Citation

  • Sumner Scott, 2009. "Comment on Brad Delong: Can We Generate Controlled Reflation in a Liquidity Trap?," The Economists' Voice, De Gruyter, vol. 6(4), pages 1-2, March.
    • Handle: RePEc:bpj:evoice:v:6:y:2009:i:4:n:7
    DOI: 10.2202/1553-3832.1543
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    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. [経済]ブラード「マイナス金利ってありかも」
      by himaginary in himaginaryの日記 on 2012-09-02 12:00:00
    2. An outbreak of mass sanity
      by ssumner in The Money Illusion on 2012-09-01 12:17:44

    Citations

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    Cited by:

    1. Silvia Bressan, 2018. "The impact of banks’ liquidity reserves on lending," Journal of Banking Regulation, Palgrave Macmillan, vol. 19(4), pages 337-345, November.
    2. Priyo, Asad Karim Khan, 2023. "Investigating Excess Reserve Accumulation and Credit Crunch in U.S. Commercial Banks Focusing on the Financial Crisis," MPRA Paper 117851, University Library of Munich, Germany.
    3. Todd Keister & James J. McAndrews, 2009. "Why are banks holding so many excess reserves?," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 15(Dec).
    4. Bouwman, Christa H. S., 2013. "Liquidity: How Banks Create It and How It Should Be Regulated," Working Papers 13-32, University of Pennsylvania, Wharton School, Weiss Center.

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