翻訳と辞書
Words near each other
・ Paraeclipta tomhacketti
・ Paraeclipta unicoloripes
・ Paraegista
・ Paraegista apoiensis
・ Paraegle
・ Paradox gun
・ Paradox Hotel
・ Paradox in Oz
・ Paradox Interactive
・ Paradox Lost
・ Paradox of a charge in a gravitational field
・ Paradox of analysis
・ Paradox of competition
・ Paradox of enrichment
・ Paradox of fiction
Paradox of flexibility
・ Paradox of hedonism
・ Paradox of nihilism
・ Paradox of prosperity
・ Paradox of the Actor
・ Paradox of the Court
・ Paradox of the pesticides
・ Paradox of the plankton
・ Paradox of thrift
・ Paradox of toil
・ Paradox of tolerance
・ Paradox of value
・ Paradox of voting
・ Paradox Press
・ Paradox psychology


Dictionary Lists
翻訳と辞書 辞書検索 [ 開発暫定版 ]
スポンサード リンク

Paradox of flexibility : ウィキペディア英語版
Paradox of flexibility
The paradox of flexibility is that a debt deflation shock can create a situation where increased price and wage flexibility results in decreased total demand. This term was introduced by economists Paul Krugman and Gauti Eggertsson in the paper ''Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach''.〔

The term was intended to complement the "paradox of thrift", a concept resurrected by John Maynard Keynes and Eggertsson's earlier work on the "paradox of toil".〔

Krugman and Eggertsson proposed that the paradox of toil and the paradox of flexibility mean that wage and price flexibility do not facilitate recovery from recessions during a liquidity trap, but actually exacerbate them.
==References==



抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
ウィキペディアで「Paradox of flexibility」の詳細全文を読む



スポンサード リンク
翻訳と辞書 : 翻訳のためのインターネットリソース

Copyright(C) kotoba.ne.jp 1997-2016. All Rights Reserved.