"Interest rate trap", or why does the central bank keep the policy rate too low for too long?
Jin Cao; Gerhard Illing
Year of publication: |
2015
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Authors: | Cao, Jin ; Illing, Gerhard |
Published in: |
The Scandinavian journal of economics. - Oxford : Wiley, ISSN 0347-0520, ZDB-ID 8170-X. - Vol. 117.2015, 4, p. 1256-1280
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Subject: | Interest rate trap | liquidity requirements | macroprudential regulation | risk-taking channel | systemic risk | Zinspolitik | Interest rate policy | Liquiditätspräferenz | Liquidity preference | Finanzkrise | Financial crisis | Geldpolitik | Monetary policy | Theorie | Theory |
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