What does Monetary Policy do to Long-Term Interest Rates at the Zero Lower Bound?
收藏NBER2011-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17154
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资源简介：
The federal funds rate has been stuck at the zero bound for over two years and the Fed has turned to unconventional monetary policies, such as large scale asset purchases to provide stimulus to the economy. This paper uses a structural VAR with daily data to identify the effects of monetary policy
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美国国家经济研究局创建时间：
2011-06-01
