Is Monetary Policy Less Effective When Interest Rates Are Persistently Low?

Claudio Borio and Boris Hofmann

A chapter in Monetary Policy and Financial Stability in a World of Low Interest Rates, 2017 from Reserve Bank of Australia

Keywords: monetary policy; nonlinearities (search for similar items in EconPapers)
Date: 2017
ISBN: 978-0-6480470-1-8 (Print)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (56)

Downloads: (external link)
https://www.rba.gov.au/publications/confs/2017/pdf ... 17-borio-hofmann.pdf (application/pdf)

Related works:
Working Paper: Is monetary policy less effective when interest rates are persistently low? (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rba:rbaacv:acv2017-04

Ordering information: This item can be ordered from
https://www.rba.gov.au/order-form/

Access Statistics for this chapter

More chapters in RBA Annual Conference Volume (Discontinued) from Reserve Bank of Australia Contact information at EDIRC.
Bibliographic data for series maintained by Paula Drew ().