Negative nominal central bank policy rates: where is the lower bound?
James McAndrews
No 168, Speech from Federal Reserve Bank of New York
Abstract:
Remarks at the University of Wisconsin.
Keywords: Danmarks Nationalbank (DNB); negative policy rates; quantitative easing; nominal interest rates; real interest rates; Fisher equation; currency; money illusion; negative yields; negative rates; negative interest rates; debt securities (search for similar items in EconPapers)
JEL-codes: E58 (search for similar items in EconPapers)
Pages: 1 pages
Date: 2015-05-08
New Economics Papers: this item is included in nep-cba, nep-mac and nep-mon
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Citations: View citations in EconPapers (24)
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