Transition from the Taylor rule to the zero lower bound
Year of publication: |
2022
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Authors: | Hurn, Stan ; Johnson, Nicholas ; Silvennoinen, Annastiina ; Teräsvirta, Timo |
Published in: |
Studies in nonlinear dynamics and econometrics : SNDE ; quarterly publ. electronically on the internet. - Berlin : De Gruyter, ISSN 1558-3708, ZDB-ID 1385261-9. - Vol. 26.2022, 5, p. 635-647
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Subject: | liquidity trap | regime switching | smooth transition | structural change | unconventional monetary policy | Taylor-Regel | Taylor rule | Niedrigzinspolitik | Low-interest-rate policy | Geldpolitik | Monetary policy | Liquiditätspräferenz | Liquidity preference | Strukturwandel | Structural change | Zinspolitik | Interest rate policy |
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