Monetary Policy Alternatives at the Zero Bound: An Empirical Assessment by Vincent R. Reinhart, Brian P. Sack, Ben S. Bernanke

Monetary Policy Alternatives at the Zero Bound: An Empirical Assessment

Vincent R. Reinhart, Brian P. Sack, Ben S. Bernanke

120 pages missing pub info (editions)

nonfiction business economics politics
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The success over the years in reducing inflation and, consequently, the average level of nominal interest rates has increased the likelihood that the nominal policy interest rate may become constrained by the zero lower bound. When that happens, a...

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