Liquidity Trap and Excessive Leverage

Article Properties

Language

English
DOI (url)

10.1257/aer.20140289
Publication Date

2016/03/01
Journal

American Economic Review
Indian UGC (journal)
Refrences

46
Citations

177
Anton Korinek Johns Hopkins University, 3400 North Charles Street, 456 Mergenthaler Hall, Baltimore, MD 21218, and NBER (e-mail: )
Alp Simsek Massachusetts Institute of Technology, 400 Main Street, Building E17, Room 244, Cambridge, MA 02142, NBER, and CEPR (e-mail: )

Abstract

Cite

Korinek, Anton, and Alp Simsek. “Liquidity Trap and Excessive Leverage”. American Economic Review, vol. 106, no. 3, 2016, pp. 699-38, https://doi.org/10.1257/aer.20140289.

Korinek, A., & Simsek, A. (2016). Liquidity Trap and Excessive Leverage. American Economic Review, 106(3), 699-738. https://doi.org/10.1257/aer.20140289

Korinek A, Simsek A. Liquidity Trap and Excessive Leverage. American Economic Review. 2016;106(3):699-738.

Journal Categories

Social Sciences

Commerce

Business

Social Sciences

Economic theory

Demography

Economics as a science

Refrences

Title	Journal	Journal Categories	Publication Date
Title	American Economic Review	Social Sciences: Commerce: Business Social Sciences: Economic theory. Demography: Economics as a science Social Sciences: Economic theory. Demography: Economics as a science	1997
Title	American Economic Review	Social Sciences: Commerce: Business Social Sciences: Economic theory. Demography: Economics as a science Social Sciences: Economic theory. Demography: Economics as a science	1988
Title	American Economic Review	Social Sciences: Commerce: Business Social Sciences: Economic theory. Demography: Economics as a science Social Sciences: Economic theory. Demography: Economics as a science	1987
Title			2014
Title			2015

Citations

Title	Journal	Journal Categories	Publication Date
Capital controls and the global financial cycle	European Economic Review	Social Sciences: Commerce: Business Social Sciences: Economic theory. Demography: Economics as a science Social Sciences: Economic theory. Demography: Economics as a science	2024
Consumption smoothing or consumption binging? The effects of government-led consumer credit expansion in Brazil	Journal of Financial Economics	Social Sciences: Finance Social Sciences: Economic theory. Demography: Economics as a science Social Sciences: Commerce: Business: Accounting. Bookkeeping Social Sciences: Finance Social Sciences: Commerce: Business Social Sciences: Economic theory. Demography: Economics as a science	2024
The real effects of borrower-based macroprudential policy: Evidence from administrative household-level data	Journal of Monetary Economics	Social Sciences: Finance Social Sciences: Economic theory. Demography: Economics as a science Social Sciences: Commerce: Business Social Sciences: Commerce: Business Social Sciences: Economic theory. Demography: Economics as a science	2024
The consumption expenditure response to unemployment: Evidence from Norwegian households	Journal of Monetary Economics	Social Sciences: Finance Social Sciences: Economic theory. Demography: Economics as a science Social Sciences: Commerce: Business Social Sciences: Commerce: Business Social Sciences: Economic theory. Demography: Economics as a science	2024
Credit Supply Shocks and Prices: Evidence from Danish Firms	American Economic Journal: Macroeconomics	Social Sciences: Commerce: Business Social Sciences: Economic theory. Demography: Economics as a science Social Sciences: Economic theory. Demography: Economics as a science	2024

Citations Analysis

Category	Category Repetition
Social Sciences: Economic theory. Demography: Economics as a science	106
Social Sciences: Commerce: Business	102
Social Sciences: Finance	41
Social Sciences: Commerce: Business: Accounting. Bookkeeping	15
Social Sciences: Statistics	3
Science: Mathematics: Probabilities. Mathematical statistics	2
Technology: Mechanical engineering and machinery: Renewable energy sources	1
Geography. Anthropology. Recreation: Environmental sciences	1
Technology: Environmental technology. Sanitary engineering	1
Science: Biology (General): Ecology	1
Social Sciences: Finance: Banking	1
Law: Law in general. Comparative and uniform law. Jurisprudence: Comparative law. International uniform law: Public finance	1

The category Social Sciences: Economic theory. Demography: Economics as a science 106 is the most commonly referenced area in studies that cite this article. The first research to cite this article was titled Household Deleveraging and Saving Rates: A Cross-Country Analysis and was published in 2014. The most recent citation comes from a 2024 study titled Consumption smoothing or consumption binging? The effects of government-led consumer credit expansion in Brazil. This article reached its peak citation in 2021, with 27 citations. It has been cited in 58 different journals, 3% of which are open access. Among related journals, the SSRN Electronic Journal cited this research the most, with 58 citations. The chart below illustrates the annual citation trends for this article.