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...
Príomhchruthaitheoir: | |
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Rannpháirtithe: | |
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 |