{"id":"https://openalex.org/W2096966331","doi":"https://doi.org/10.2139/ssrn.219494","title":"Krugman on the Liquidity Trap: Why Inflation Won't Bring Recovery in Japan","display_name":"Krugman on the Liquidity Trap: Why Inflation Won't Bring Recovery in Japan","publication_year":2000,"publication_date":"2000-01-01","ids":{"openalex":"https://openalex.org/W2096966331","doi":"https://doi.org/10.2139/ssrn.219494","mag":"2096966331"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.219494","doi":"https://doi.org/10.2139/ssrn.219494","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.219494","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.219494","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5087924870","display_name":"Jan Allen Kregel","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I39661318","display_name":"Bard College","ror":"https://ror.org/04yrgt058","country_code":"US","type":"education","lineage":["https://openalex.org/I39661318"]},{"id":"https://openalex.org/I52700163","display_name":"Levy Economics Institute of Bard College","ror":"https://ror.org/04w441351","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I52700163"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Jan A. Kregel","raw_affiliation_strings":["Bard College - The Levy Economics Institute, Blithewood, Annandale-on-Hudson, NY 12504, United States","Bard College - The Levy Economics Institute"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bard College - The Levy Economics Institute, Blithewood, Annandale-on-Hudson, NY 12504, United States","institution_ids":["https://openalex.org/I39661318","https://openalex.org/I52700163"]},{"raw_affiliation_string":"Bard College - The Levy Economics Institute","institution_ids":["https://openalex.org/I39661318","https://openalex.org/I52700163"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5087924870"],"corresponding_institution_ids":["https://openalex.org/I39661318","https://openalex.org/I52700163"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":21,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9574999809265137,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9574999809265137,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.03440000116825104,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.004399999976158142,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/liquidity-trap","display_name":"liquidity trap","score":1.0},{"id":"https://openalex.org/keywords/paul-krugman","display_name":"Paul Krugman","score":0.875},{"id":"https://openalex.org/keywords/japanese-economic-recovery","display_name":"Japanese economic recovery","score":0.6460000276565552},{"id":"https://openalex.org/keywords/keynesian-economics","display_name":"Keynesian economics","score":0.781000018119812},{"id":"https://openalex.org/keywords/fishers","display_name":"fishermen","score":0.367000013589859},{"id":"https://openalex.org/keywords/great-depression","display_name":"Great Depression","score":0.8539999723434448},{"id":"https://openalex.org/keywords/monetary-policy","display_name":"monetary policy","score":0.8539999723434448},{"id":"https://openalex.org/keywords/central-bank-policy","display_name":"central bank policy","score":0.5630000233650208}],"concepts":[{"id":"https://openalex.org/C8573378","wikidata":"https://www.wikidata.org/wiki/Q923190","display_name":"Liquidity trap","level":4,"score":0.8856030702590942},{"id":"https://openalex.org/C121099081","wikidata":"https://www.wikidata.org/wiki/Q665580","display_name":"Trap (plumbing)","level":2,"score":0.6983139514923096},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.6589927077293396},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.6235290765762329},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.5970740914344788},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5520598292350769},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.46213191747665405},{"id":"https://openalex.org/C189259953","wikidata":"https://www.wikidata.org/wiki/Q1042259","display_name":"Liquidity risk","level":3,"score":0.20228511095046997},{"id":"https://openalex.org/C39432304","wikidata":"https://www.wikidata.org/wiki/Q188847","display_name":"Environmental science","level":0,"score":0.14182618260383606},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.08393114805221558},{"id":"https://openalex.org/C87717796","wikidata":"https://www.wikidata.org/wiki/Q146326","display_name":"Environmental engineering","level":1,"score":0.0},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.2139/ssrn.219494","doi":"https://doi.org/10.2139/ssrn.219494","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.219494","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:RePEc:lev:wrkpap:wp_298","doi":null,"is_oa":false,"landing_page_url":"https://www.levyinstitute.org/pubs/wp298.pdf","pdf_url":"https://www.levyinstitute.org/pubs/wp298.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:RePEc:wpa:wuwpma:0004045","doi":null,"is_oa":false,"landing_page_url":"https://econwpa.ub.uni-muenchen.de/econ-wp/mac/papers/0004/0004045.pdf","pdf_url":"https://econwpa.ub.uni-muenchen.de/econ-wp/mac/papers/0004/0004045.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:econstor.eu:10419/186970","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/186970","pdf_url":"https://www.econstor.eu/bitstream/10419/186970/1/wp298.pdf","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},{"id":"mag:3125214028","doi":null,"is_oa":false,"landing_page_url":"https://EconPapers.repec.org/RePEc:wpa:wuwpma:0004045","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":{"id":"doi:10.2139/ssrn.219494","doi":"https://doi.org/10.2139/ssrn.219494","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.219494","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2096966331.pdf","grobid_xml":"https://content.openalex.org/works/W2096966331.grobid-xml"},"referenced_works_count":6,"referenced_works":["https://openalex.org/W1483544888","https://openalex.org/W2057366755","https://openalex.org/W2333836031","https://openalex.org/W2560949378","https://openalex.org/W4244371027","https://openalex.org/W4301248481"],"related_works":["https://openalex.org/W7095483192","https://openalex.org/W289358124","https://openalex.org/W2310877463","https://openalex.org/W2417981487","https://openalex.org/W6925596332","https://openalex.org/W1557431051","https://openalex.org/W7100797936","https://openalex.org/W2134595832","https://openalex.org/W1939469670","https://openalex.org/W403302872"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":3},{"year":2016,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}
