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

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Ministère/Organisme Bank of Canada.
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
  • FB3-2/101-6E-PDF
Descripteurs Interest rates
Inflation
Monetary policy
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