The zero bound on nominal interest rates : how important is it? / by David Amirault and Brian O'Reilly. : FB3-2/101-6E-PDF
This paper surveys the literature on the zero bound on the nominal interest rate. It addresses questions ranging from the conditions under which the zero bound on the nominal interest rate might occur to policy options to avoid or use to exit from such a situation. We discuss literature that examines historical and country evidence, and literature that uses models to generate evidence on this question.--Abstract
Lien permanent pour cette publication :
publications.gc.ca/pub?id=9.571586&sl=1
Ministère/Organisme | Bank of Canada. |
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Titre | The zero bound on nominal interest rates : how important is it? / by David Amirault and Brian O'Reilly. |
Titre de la série | Bank of Canada working paper1701-93972001-6 |
Type de publication | Série - Voir l'enregistrement principal |
Langue | [Anglais] |
Format | Électronique |
Document électronique | |
Autres formats offerts | Papier-[Anglais] |
Note(s) | "This paper surveys the literature on the zero bound on the nominal interest rate. It addresses questions ranging from the conditions under which the zero bound on the nominal interest rate might occur to policy options to avoid or use to exit from such a situation. We discuss literature that examines historical and country evidence, and literature that uses models to generate evidence on this question."--Abstract. The ISSN (1192-5434) for the print edition has been incorrectly copied in this electronic publication. Bibliography. Résumé en français. |
Information sur la publication | Ottawa - Ontario : Bank of Canada April 2001. |
Description | 50p.table |
ISSN | 1701-9397 |
Numéro de catalogue |
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Descripteurs | Interest rates Inflation Monetary policy |
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