411 REFERENCE · Wiktionary
Keynes effect
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
English
Etymology
Named after English economist John Maynard Keynes.
Noun
en economics 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.
Further reading
en eponyms