Negative interest rate policies: Sources and implications
Against the background of continued growth disappointments, depressed inflation
expectations, and declining real equilibrium interest rates, a number of central banks have …
expectations, and declining real equilibrium interest rates, a number of central banks have …
[PDF][PDF] Cash without future? Future without cash? A wider view
C Beer, UW Birchler, E Gnan - 2016 - suerf.org
Recently, proposals to abolish cash or to restrict its use have been put forward by
economists and policymakers. There are three main lines of argument brought forward …
economists and policymakers. There are three main lines of argument brought forward …
[PDF][PDF] To QE or not to QE?
S Flim - 2016 - studenttheses.uu.nl
Introduction n the 22nd of January 2015 the European Central Bank (ECB) issued a press
release that marked a new phase in European monetary policy. The release stated that …
release that marked a new phase in European monetary policy. The release stated that …
[PDF][PDF] THE ROLE OF LOW INTEREST RATES AND OF THE LIQUIDITY TRAP IN MONETARY POLICY
J Varga, J Banoczy, B Cseh - Moderní věda - nemoros.cz
Annotation. How have we managed to end up with low, often 0%, or even negative central
bank interest rates, and with the now undeniably existing liquidity trap, which was denied for …
bank interest rates, and with the now undeniably existing liquidity trap, which was denied for …