نتایج جستجو برای: interest rates
تعداد نتایج: 751700 فیلتر نتایج به سال:
Journal:
:Journal of Monetary Economics
2023
Negative policy rates can convince markets that deposit will remain lower-for-longer, even when current are constrained by zero. This is the signalling channel of negative interest rates. We analyse optimality and effectiveness in context this novel transmission channel. In a stylized model, we prove two necessary conditions for optimality: time-consistency preference smoothing. an estimated sh...
Journal:
:SSRN Electronic Journal
2018
Journal:
:Review of Economic Studies
2009
Journal:
:Journal of Financial and Quantitative Analysis
2009
Journal:
:Macroeconomic Dynamics
2020
Journal:
:SSRN Electronic Journal
1996
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