Coordination, Fragility, High-Powered Money, and the Liquidity Trap: A "Tobinesque" Parable
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Keywords
Money; Recession;JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
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