The Combination of US Economy Policies under the Liquidity Trap Crisis

Ganyin  Cai

doi:10.54691/bcpbm.v13i.65

Authors

Ganyin Cai

DOI:

https://doi.org/10.54691/bcpbm.v13i.65

Keywords:

Liquidity Trap; Fiscal Policy; Expectation Management; Policy Coordination.

Abstract

This paper examines what policy combinations the US economy should adopt to escape a possible liquidity trap under the impact of the COVID-19. We used the method of argumentation and drew on the previous related theories for comprehensive analysis, including fiscal policy, unconventional open market operations, expectations management and multinational policy coordination, to produce policy recommendations.

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References

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