IMF-零下限通货膨胀政策税(英)-2026.3
聚焦IMF-零下限通货膨胀政策税(英)-2026.3。By giving incentives to firms to increase prices, a tax on price decreases aligns the private with the social benefit of price increases in a liquidity trap, which is to relax the ZLB constraint. While TIP cannot restore the first best in this typoe of liquidity trap, it can substantially improve welfare.