Enabling Deep Negative Rates to Fight Recessions
"The experience of the Great Recession and its aftermath revealed that a lower bound on interest rates can be a serious obstacle for fighting recessions. However, the zero lower bound is not a law of nature; it is a policy choice. The central message of this paper is that with readily availabl...
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| Format: | eBook |
| Language: | English |
| Published: |
Washington, D.C.
International Monetary Fund,
2019.
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| Series: | IMF working paper ;
WP/19/84. |
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| Online Access: | EBSCOhost Перейти в каталог НБ ТГУ |