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 implemented negative interest rate policies (NIRP) to provide additional mon...
Main Authors: | , , , |
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Format: | Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2016
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2016/08/26680761/negative-interest-rate-policies-sources-implications http://hdl.handle.net/10986/25036 |