Lower bound beliefs and long-term interest rates /

We study the transmission of changes in the believed location of the lower bound to longterm interest rates since the introduction of negative interest rate policies. The expectations hypothesis of the term structure combined with a lower bound on policy rates suggests that normal policy transmissio...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Grisse, Christian (Autor), Krogstrup, Signe (Autor), Schumacher, Silvio (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, [2017]
Colección:IMF working paper ; WP/17/62.
Temas:
Monetary policy.
Interest rates.
Interest rates > Econometric models.
Politique monétaire.
Taux d'intérêt.
Taux d'intérêt > Modèles économétriques.
BUSINESS & ECONOMICS > Finance.
Interest rates
Interest rates > Econometric models
Monetary policy
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