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Is Pitchford Right? Current Account Adjustment, Exchange Rate Dynamics and Macroeconomic Policy
1 May 1990
RDP
9001
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1990/9001.html
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Appendix A: Recent Literature
31 Dec 2005
RDP
2005-04
These issues include the causes and implications of a liquidity trap, and the role (if any) of foreign exchange or asset-market interventions in escaping from such a trap (see, for
https://www.rba.gov.au/publications/rdp/2005/2005-04/appendix-a.html
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Literature
8 Oct 2018
RDP
2018-11
expired, suggesting some may have fallen into a ‘debt trap’ (ASIC 2018).
https://www.rba.gov.au/publications/rdp/2018/2018-11/literature.html
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References
10 Jul 2019
RDP
2019-06
Eggertsson GB and P Krugman (2012), ‘Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach’, The Quarterly Journal of Economics, 127(3), pp 1469–1513.
https://www.rba.gov.au/publications/rdp/2019/2019-06/references.html
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References
25 Aug 2020
RDP
2020-05
Guerrieri V and G Lorenzoni (2017), ‘Credit Crises, Precautionary Savings, and the Liquidity Trap’, The Quarterly Journal of Economics, 132(3), pp 1427–1467.
https://www.rba.gov.au/publications/rdp/2020/2020-05/references.html
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References
29 May 2017
RDP
2017-02
Schmitt-Grohé S and M Uribe (2014), ‘Liquidity Traps: An Interest-Rate-Based Exit Strategy’, The Manchester School, 82(Supplement S1), pp 1–14.
https://www.rba.gov.au/publications/rdp/2017/2017-02/references.html
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References
31 Dec 2013
RDP
2013-12
Pirrong C (2012), ‘Clearing and Collateral Mandates: A New Liquidity Trap?’,.
https://www.rba.gov.au/publications/rdp/2013/2013-12/references.html
Reference
31 Dec 2010
RDP
2010-05
Krugman PR (1998), ‘It's Baaack: Japan's Slump and the Return of the Liquidity Trap’, Brookings Papers on Economic Activity, 2, pp 137–187.
https://www.rba.gov.au/publications/rdp/2010/2010-05/references.html
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References
29 Aug 2014
RDP
2014-02
Brookings Papers on Economic Activity. , Spring, pp 233–297. Eggertsson GB and M Woodford (2006), ‘Optimal Monetary and Fiscal Policy in a Liquidity Trap’, in RH Clarida, JA Frankel, F Giavazzi
https://www.rba.gov.au/publications/rdp/2014/2014-02/references.html
Long-Term Equilibrium
1 Jun 1990
RDP
9003
Indeed, many commentators, by simply extrapolating the present external position, see Australia inexorably heading towards a “debt trap”.
https://www.rba.gov.au/publications/rdp/1990/9003/long-term-equilibrium.html
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