Theoretical Analysis Regarding a Zero Lower Bound on Nominal Interest Rates
收藏NBER2000-04-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w7677
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资源简介:
This paper explores several issues concerning a possible zero lower bound (ZLB) including its theoretical rationale; the magnitude of effects of low sustained inflation on real interest rates; the validity of analyzing monetary policy in models with no monetary variables; and the dynamic stabilizing
提供机构:
美国国家经济研究局
创建时间:
2000-04-01



