Matches in SemOpenAlex for { <https://semopenalex.org/work/W3143371037> ?p ?o ?g. }
Showing items 1 to 75 of
75
with 100 items per page.
- W3143371037 abstract "Following the crisis of 2008 several central banks engaged in a radical new policy experiment by setting negative policy rates. Using aggregate and bank-level data, we document a collapse in pass-through to deposit and lending rates once the policy rate turns negative. Motivated by these empirical facts, we construct a macro-model with a banking sector that links together policy rates, deposit rates and lending rates. Once the policy rates turns negative the usual transmission mechanism of monetary policy breaks down. Moreover, because a negative interest rate on reserves reduces bank profits, the total effect on aggregate output can be contractionary." @default.
- W3143371037 created "2021-04-13" @default.
- W3143371037 creator A5038604091 @default.
- W3143371037 creator A5060568706 @default.
- W3143371037 creator A5087436475 @default.
- W3143371037 date "2017-01-01" @default.
- W3143371037 modified "2023-09-26" @default.
- W3143371037 title "Are Negative Nominal Interest Rates Expansionary" @default.
- W3143371037 hasPublicationYear "2017" @default.
- W3143371037 type Work @default.
- W3143371037 sameAs 3143371037 @default.
- W3143371037 citedByCount "0" @default.
- W3143371037 crossrefType "posted-content" @default.
- W3143371037 hasAuthorship W3143371037A5038604091 @default.
- W3143371037 hasAuthorship W3143371037A5060568706 @default.
- W3143371037 hasAuthorship W3143371037A5087436475 @default.
- W3143371037 hasConcept C126285488 @default.
- W3143371037 hasConcept C149782125 @default.
- W3143371037 hasConcept C154815372 @default.
- W3143371037 hasConcept C159985019 @default.
- W3143371037 hasConcept C162324750 @default.
- W3143371037 hasConcept C166955791 @default.
- W3143371037 hasConcept C175025494 @default.
- W3143371037 hasConcept C192562407 @default.
- W3143371037 hasConcept C199360897 @default.
- W3143371037 hasConcept C203379541 @default.
- W3143371037 hasConcept C29185160 @default.
- W3143371037 hasConcept C2992735868 @default.
- W3143371037 hasConcept C41008148 @default.
- W3143371037 hasConcept C4679612 @default.
- W3143371037 hasConcept C556758197 @default.
- W3143371037 hasConcept C84888623 @default.
- W3143371037 hasConceptScore W3143371037C126285488 @default.
- W3143371037 hasConceptScore W3143371037C149782125 @default.
- W3143371037 hasConceptScore W3143371037C154815372 @default.
- W3143371037 hasConceptScore W3143371037C159985019 @default.
- W3143371037 hasConceptScore W3143371037C162324750 @default.
- W3143371037 hasConceptScore W3143371037C166955791 @default.
- W3143371037 hasConceptScore W3143371037C175025494 @default.
- W3143371037 hasConceptScore W3143371037C192562407 @default.
- W3143371037 hasConceptScore W3143371037C199360897 @default.
- W3143371037 hasConceptScore W3143371037C203379541 @default.
- W3143371037 hasConceptScore W3143371037C29185160 @default.
- W3143371037 hasConceptScore W3143371037C2992735868 @default.
- W3143371037 hasConceptScore W3143371037C41008148 @default.
- W3143371037 hasConceptScore W3143371037C4679612 @default.
- W3143371037 hasConceptScore W3143371037C556758197 @default.
- W3143371037 hasConceptScore W3143371037C84888623 @default.
- W3143371037 hasLocation W31433710371 @default.
- W3143371037 hasOpenAccess W3143371037 @default.
- W3143371037 hasPrimaryLocation W31433710371 @default.
- W3143371037 hasRelatedWork W1529360855 @default.
- W3143371037 hasRelatedWork W1983122728 @default.
- W3143371037 hasRelatedWork W2158019600 @default.
- W3143371037 hasRelatedWork W2184322903 @default.
- W3143371037 hasRelatedWork W2268865444 @default.
- W3143371037 hasRelatedWork W2275212081 @default.
- W3143371037 hasRelatedWork W2797886097 @default.
- W3143371037 hasRelatedWork W3089221317 @default.
- W3143371037 hasRelatedWork W3095344103 @default.
- W3143371037 hasRelatedWork W3096980839 @default.
- W3143371037 hasRelatedWork W3121928489 @default.
- W3143371037 hasRelatedWork W3122869066 @default.
- W3143371037 hasRelatedWork W3123412213 @default.
- W3143371037 hasRelatedWork W3123577596 @default.
- W3143371037 hasRelatedWork W3123935325 @default.
- W3143371037 hasRelatedWork W3124047723 @default.
- W3143371037 hasRelatedWork W3124375364 @default.
- W3143371037 hasRelatedWork W3126051328 @default.
- W3143371037 hasRelatedWork W3163030458 @default.
- W3143371037 hasRelatedWork W2560822392 @default.
- W3143371037 isParatext "false" @default.
- W3143371037 isRetracted "false" @default.
- W3143371037 magId "3143371037" @default.
- W3143371037 workType "article" @default.