Negative interest rate policies : sources and implications / Carlos Arteta, M. Ayhan Kose, Marc Stocker and Temel Taskin.
Against the background of continued growth disappointments, depressed inflation expectations, and declining real equilibrium interest rates, a number of central banks have implemented negative interest rate policies (NIRP) to provide additional monetary policy stimulus over the past few years. This...
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Full Text (via Open Knowledge Repository) |
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| Main Authors: | , , , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
London :
Centre for Economic Policy Research,
2016.
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| Series: | Discussion paper (Centre for Economic Policy Research (Great Britain)) ;
no. 11433. |
| Subjects: |