English Explanatory Dictionary

Keynes effect

English dictionary entry

Meanings

noun
  1. The phenomenon in which a decrease in price level leads to a decrease in interest rates, provided there's no liquidity trap or interest-unresponsive expenditure.

Word forms

Keynes effect Keynes effects

Etymology

Named after English economist John Maynard Keynes.

This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.
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