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
References: Add references at CitEc
Citations: View citations in EconPapers (24)

Downloads: (external link)
https://www.newyorkfed.org/newsevents/speeches/2015/mca150508.html Full text (text/html)

Related works:
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:fip:fednsp:168

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Speech from Federal Reserve Bank of New York Contact information at EDIRC.
Bibliographic data for series maintained by Gabriella Bucciarelli ().