根据利率是持有现金和投资I的机会成本的一部分,那么利率增加,人们会减持现金和减少投资;而转向债券市场和银行。
但是根据流动性陷阱所说,在过低的利率下,人们会形成利率增加,债券价格下降的预期,那人们就会选择持有现金,而不进行投资或是买国债券。
这两方面不是正好相反吗?
楼主: ay86638149
|
2789
6
[货币和银行] 关于流动性陷阱 |
硕士生 24%
-
|
回帖推荐waterhorse 发表于5楼 查看完整内容 It's all about money. The key concept is money dosen't earn interest (or very little). Therefore, when people choose to hold money, they have to give up interest earning assets, such as bonds. When the market interest rate is too low, there is no incentives for people to choose between money and interest earning assets and therefore monetary policy is ineffective.
本帖被以下文库推荐
| ||
| ||
| ||
| ||
京ICP备16021002-2号 京B2-20170662号 京公网安备 11010802022788号 论坛法律顾问:王进律师 知识产权保护声明 免责及隐私声明