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How low can you go? negative interest rates and investors’ flight to safety

Richard Anderson () and Yang Liu

The Regional Economist, 2013, issue Jan

Abstract: 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)
Date: 2013
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