Credible Commitment to Optimal Escape from a Liquidity Trap: The Role of the Balance Sheet of an Independent Central Bank

Author: Jeanne Olivier   Svensson Lars E. O.  

Publisher: American Economic Association

ISSN: 0002-8282

Source: The American Economic Review, Vol.97, Iss.1, 2007-03, pp. : 474-490

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Abstract