Enabling Deep Negative Rates to Fight Recessions : A Guide /
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 available tools...
প্রধান লেখক: | |
---|---|
অন্যান্য লেখক: | |
বিন্যাস: | পত্রিকা |
ভাষা: | English |
প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2019.
|
মালা: | IMF Working Papers; Working Paper ;
No. 2019/084 |
অনলাইন ব্যবহার করুন: | Full text available on IMF |