How low can you go? negative interest rates and investors’ flight to safety
Richard Anderson () and
The Regional Economist, 2013, issue Jan
It is not uncommon to observe negative interest rates during uncertain times, when investors flee to safety. But the existence of negative market yields provides no support for policies in which central banks set negative interest rates on deposits held at a central bank.
Keywords: Interest rates; Investments (search for similar items in EconPapers)
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