Negative Interest Rate Policy (NIRP) : Implications for Monetary Transmission and Bank Profitability in the Euro Area /

More than two years ago the European Central Bank (ECB) adopted a negative interest rate policy (NIRP) to achieve its price stability objective. Negative interest rates have so far supported easier financial conditions and contributed to a modest expansion in credit, demonstrating that the zero lowe...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Jobst, Andreas
Rannpháirtithe: Lin, Huidan
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2016.
Sraith:IMF Working Papers; Working Paper ; No. 2016/172
Rochtain ar líne:Full text available on IMF