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Should they stay or should they go? Negative interest rate policies under review
Negative interest rate policies (NIRP) have become an established monetary policy instrument in the toolkit of the ECB. We discuss NIRP in the euro area based on theoretical considerations and available empirical evidence. We find that NIRP had some positive impact on loan growth and investment in t...
Autores principales: | Beckmann, Joscha, Gern, Klaus-Jürgen, Jannsen, Nils |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Springer Berlin Heidelberg
2022
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9435422/ http://dx.doi.org/10.1007/s10368-022-00547-4 |
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