The Great Escape? A Quantitative Evaluation of the Fed’s Non-Standard Policies

can be large at zero nominal interest rates. We show model simulations in which these policy interventions prevented a repeat of the Great Depression in 2008-2009.

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Year of publication:	2010
Authors:	Kiyotaki, Nobuhiro ; Eggertsson, Gauti ; Ferrero, Andrea ; Negro, Marco Del
Institutions:	Society for Economic Dynamics - SED

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Series:	2010 Meeting Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2010 SED Meeting Papers Number 113
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010554916