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Is the negative interest rate policy effective?

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Published in 2020 at "Journal of Economic Behavior and Organization"

DOI: 10.1016/j.jebo.2020.03.031

Abstract: Abstract This paper examines the effectiveness of the negative interest rate policy conducted by several central banks to stabilize economic growth and inflation expectations through the signaling channel. In doing so, we assess survey-based expectations… read more here.

Keywords: rate policy; negative interest; policy; interest ... See more keywords