[solistice]

I'm actually genuinely curious what research and theory you are referring to, and I wouldn't know where to start looking. Could you give me some pointers?

[tatsuke95]

You can start with anything by Bernanke related to the subject, both writings and speeches.

[cmccabe]

You could start with Friedrich Hayek and the Austrian school if you're interested in a serious defense of anti-Keynesianism.

Note: I'm not saying I agree with them, just answering your question.