Evaluating Central Banks' Tool Kit: Past, Present, and Future
收藏NBER2019-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26040
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资源简介：
We develop a structural DSGE model to systematically study the principal tools of unconventional monetary policy quantitative easing (QE), forward guidance, and negative interest rate policy (NIRP) as well as the interactions between them. To generate the same output response, the requisite NIRP
提供机构：
美国国家经济研究局
创建时间：
2019-07-01
