Matches in SemOpenAlex for { <https://semopenalex.org/work/W2975997625> ?p ?o ?g. }
- W2975997625 endingPage "40" @default.
- W2975997625 startingPage "1" @default.
- W2975997625 abstract "After the Great Recession several central banks started setting negative nominal interest rates in an expansionary attempt, but the effectiveness of this measure remains unclear. Negative rates can stimulate the economy by lowering the rates that commercial banks charge on loans, but they can also erode bank profitability by squeezing deposit spreads. This paper studies the effects of negative rates in a new DSGE model where banks intermediate the transmission of monetary policy. I use bank-level data to calibrate the model and find that monetary policy in negative territory is between 60 and 90 percent as effective as in positive territory. (JEL E12, E32, E43, E52, E58, G21)" @default.
- W2975997625 created "2019-10-03" @default.
- W2975997625 creator A5009690081 @default.
- W2975997625 date "2021-01-01" @default.
- W2975997625 modified "2023-10-02" @default.
- W2975997625 title "Going Negative at the Zero Lower Bound: The Effects of Negative Nominal Interest Rates" @default.
- W2975997625 cites W1508198902 @default.
- W2975997625 cites W1913229544 @default.
- W2975997625 cites W2009240636 @default.
- W2975997625 cites W2014786965 @default.
- W2975997625 cites W2081908573 @default.
- W2975997625 cites W2115657206 @default.
- W2975997625 cites W2120422722 @default.
- W2975997625 cites W2180308125 @default.
- W2975997625 cites W2646625603 @default.
- W2975997625 cites W2884162751 @default.
- W2975997625 cites W2895357789 @default.
- W2975997625 cites W2906721377 @default.
- W2975997625 cites W2908051527 @default.
- W2975997625 cites W3022158784 @default.
- W2975997625 cites W3022851552 @default.
- W2975997625 cites W3047453404 @default.
- W2975997625 cites W3121184438 @default.
- W2975997625 cites W3121293400 @default.
- W2975997625 cites W3121380054 @default.
- W2975997625 cites W3121567201 @default.
- W2975997625 cites W3122115299 @default.
- W2975997625 cites W3122933035 @default.
- W2975997625 cites W3123970111 @default.
- W2975997625 cites W3124741799 @default.
- W2975997625 cites W3125085579 @default.
- W2975997625 cites W3125165202 @default.
- W2975997625 cites W3125684116 @default.
- W2975997625 cites W3133488637 @default.
- W2975997625 cites W3168787227 @default.
- W2975997625 cites W4211250054 @default.
- W2975997625 doi "https://doi.org/10.1257/aer.20190848" @default.
- W2975997625 hasPublicationYear "2021" @default.
- W2975997625 type Work @default.
- W2975997625 sameAs 2975997625 @default.
- W2975997625 citedByCount "48" @default.
- W2975997625 countsByYear W29759976252018 @default.
- W2975997625 countsByYear W29759976252020 @default.
- W2975997625 countsByYear W29759976252021 @default.
- W2975997625 countsByYear W29759976252022 @default.
- W2975997625 countsByYear W29759976252023 @default.
- W2975997625 crossrefType "journal-article" @default.
- W2975997625 hasAuthorship W2975997625A5009690081 @default.
- W2975997625 hasBestOaLocation W29759976252 @default.
- W2975997625 hasConcept C10138342 @default.
- W2975997625 hasConcept C126285488 @default.
- W2975997625 hasConcept C129361004 @default.
- W2975997625 hasConcept C139719470 @default.
- W2975997625 hasConcept C154815372 @default.
- W2975997625 hasConcept C162324750 @default.
- W2975997625 hasConcept C165556158 @default.
- W2975997625 hasConcept C175025494 @default.
- W2975997625 hasConcept C185824701 @default.
- W2975997625 hasConcept C195742910 @default.
- W2975997625 hasConcept C202655504 @default.
- W2975997625 hasConcept C2778078003 @default.
- W2975997625 hasConcept C29185160 @default.
- W2975997625 hasConcept C2992071073 @default.
- W2975997625 hasConcept C2992735868 @default.
- W2975997625 hasConcept C489367 @default.
- W2975997625 hasConcept C556758197 @default.
- W2975997625 hasConcept C84888623 @default.
- W2975997625 hasConcept C88583849 @default.
- W2975997625 hasConceptScore W2975997625C10138342 @default.
- W2975997625 hasConceptScore W2975997625C126285488 @default.
- W2975997625 hasConceptScore W2975997625C129361004 @default.
- W2975997625 hasConceptScore W2975997625C139719470 @default.
- W2975997625 hasConceptScore W2975997625C154815372 @default.
- W2975997625 hasConceptScore W2975997625C162324750 @default.
- W2975997625 hasConceptScore W2975997625C165556158 @default.
- W2975997625 hasConceptScore W2975997625C175025494 @default.
- W2975997625 hasConceptScore W2975997625C185824701 @default.
- W2975997625 hasConceptScore W2975997625C195742910 @default.
- W2975997625 hasConceptScore W2975997625C202655504 @default.
- W2975997625 hasConceptScore W2975997625C2778078003 @default.
- W2975997625 hasConceptScore W2975997625C29185160 @default.
- W2975997625 hasConceptScore W2975997625C2992071073 @default.
- W2975997625 hasConceptScore W2975997625C2992735868 @default.
- W2975997625 hasConceptScore W2975997625C489367 @default.
- W2975997625 hasConceptScore W2975997625C556758197 @default.
- W2975997625 hasConceptScore W2975997625C84888623 @default.
- W2975997625 hasConceptScore W2975997625C88583849 @default.
- W2975997625 hasIssue "1" @default.
- W2975997625 hasLocation W29759976251 @default.
- W2975997625 hasLocation W29759976252 @default.
- W2975997625 hasOpenAccess W2975997625 @default.
- W2975997625 hasPrimaryLocation W29759976251 @default.
- W2975997625 hasRelatedWork W1816464140 @default.
- W2975997625 hasRelatedWork W2202478534 @default.
- W2975997625 hasRelatedWork W2282666357 @default.
- W2975997625 hasRelatedWork W2285777682 @default.
- W2975997625 hasRelatedWork W2312737746 @default.
- W2975997625 hasRelatedWork W2975997625 @default.