Negative Interest Rate Policies-Initial Experiences and Assessments.

The depth of the crisis and the weakness of the ensuing recovery led to new ways to implement monetary policy. At the onset of the crisis, central banks in several advanced economies quickly moved policy rates to zero and initiated large-scale asset purchases. In more recent years, with inflation st...

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Соавтор: International Monetary Fund
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2017.
Серии:Policy Papers; Policy Paper ; No. 2017/010
Online-ссылка:Full text available on IMF