SPLINE ESTIMATION OF THE LIQUIDITY TRAP: A COMMENT.

The article focuses on the spline estimation of the liquidity trap. In a recent note, economists James Barth, Arthur Kraft and John Kraft (BKK) used spline functions to investigate the empirical existence of the liquidity trap. A liquidity trap consists of a horizontal section of the demand for mone...

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Publicado en:	Review of Economics & Statistics Vol. 60; no. 2; pp. 318 - 321
Autor principal:	McCulloch, J. Huston
Formato:	Artículo
Publicado:	MIT Press May78
Materias:	Spline theory Liquidity (Economics) Demand for money Monetary policy Macroeconomics Economics
Acceso en línea:	Ver este registro en EBSCOhost