Negative Interest Rates: Taking Stock of the Experience So Far (Departmental Papers)
by Mr. Luis Brandao-Marques, Mr. Roland Meeks, Gunes Kamber
A comprehensive review of negative interest rate policies, their implementation, and observed effects across global economies.
About This Book
This paper reviews the experience of central banks that have implemented negative interest rate policies.
It analyzes the effectiveness, transmission mechanisms, and potential side effects of such policies.
The discussion covers both theoretical considerations and practical outcomes observed in various economies.
Policy recommendations and future considerations for monetary authorities are also addressed.
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