Preprint
On the Normality of Negative Interest Rates
Abstract
We argue that a negative interest rate policy (NIRP) can be an effect tool
for macroeconomic stabilization. We first discuss how implementing negative
Authors
Grasselli MR; Lipton A
Publication date
August 23, 2018
DOI
10.48550/arxiv.1808.07909
Preprint server
arXiv