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Is the negative interest rate policy effective?
16 references·0 citing·50 second hop
Is the negative interest rate policy effective? (2020)Is the negative interest rate policy effe…Is there a zero lower bound? The effects of negative policy rates on banks and firms (2021)Is there a zero lower bound? …Negative Nominal Interest Rates and the Bank Lending Channel (2019)Negative Nominal Interest Rat…Life below Zero: Bank Lending under Negative Policy Rates (2019)Life below Zero: Bank Lending…The Reversal Interest Rate (2018)The Reversal Interest RateThe Natural Rate of Interest: Estimates, Drivers, and Challenges to Monetary Policy (2018)The Natural Rate of Interest:…Monetary policy and bank profitability in a low interest rate environment (2018)Monetary policy and bank prof…Measuring the natural rate of interest: International trends and determinants (2017)Measuring the natural rate of…Negative Interest Rate Policy (NIRP) (2016)Negative Interest Rate Policy…Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound (2016)Measuring the Macroeconomic I…How have central banks implemented negative policy rates (2016)How have central banks implem…Resource reallocation and zombie lending in Japan in the 1990s (2015)Resource reallocation and zom…Preventing Deflation: Lessons from Japan's Experience in the 1990s (2002)Preventing Deflation: Lessons…The Term Structure as a Predictor of Real Economic Activity (1991)The Term Structure as a Predi…PRACTITIONERS’ CORNER: Computing Robust Standard Errors for Within‐groups Estimators * (1987)PRACTITIONERS’ CORNER: Comput…Rules, discretion and reputation in a model of monetary policy (1983)Rules, discretion and reputat…Rules Rather than Discretion: The Inconsistency of Optimal Plans (1977)Rules Rather than Discretion:…Panel data and unobservable individual effects (1981)Panel Data and Unobservable Individual Effects (1981)The analysis of household surveys (1997)Cluster-Sample Methods in Applied Econometrics (2003)Common Errors: How to (and Not to) Control for Unobserved Heterogeneity (2012)Econometric policy evaluation: A critique (1976)The theory and practice of econometrics (1986)The Information in Long-Maturity Forward Rates (1987)A no-arbitrage vector autoregression of term structure dynamics with macroeconomic and latent variables (2003)Out-of-Sample Equity Premium Prediction: Combination Forecasts and Links to the Real Economy (2009)Credit Spreads and Business Cycle Fluctuations (2012)Rational Expectations and the Theory of Price Movements (1961)Rational Expectations, the Real Rate of Interest, and the Natural Rate of Unemployment (1973)Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies (1991)Decision Making in Political Systems: Veto Players in Presidentialism, Parliamentarism, Multicameralism and Multipartyism (1995)Veto Players. 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(2000)Carbon emissions and the cost of debt in the eurozone: The role of public policies, climate‐related disclosure and corporate governance (2020)Macroprudential policy and bank systemic risk (2020)Bank Market Power and Monetary Policy Transmission: Evidence from a Structural Estimation (2022)Biases in Dynamic Models with Fixed Effects (1981)The federal funds rate and the channels of monetary transmission (1989)Bank margins and profits in a world of negative rates (2019)Why have negative nominal interest rates had such a small effect on bank performance? Cross country evidence (2020)Expansionary yet different: Credit supply and real effects of negative interest rate policy (2021)Some International Evidence on Output-Inflation Tradeoffs. (1973)Aggregate Dynamics and Staggered Contracts (1980)A Positive Theory of Monetary Policy in a Natural Rate Model (1983)Varieties of Capitalism (2001)Interpreting the macroeconomic time series facts (1992)Monetary Policy Shocks: What Have We Learned and to What End? (1998)Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach (2005)Macroeconomic Shocks and Their Propagation (2016)Uncertainty Shocks in a Model of Effective Demand (2017)Measuring the effects of federal reserve forward guidance and asset purchases on financial markets (2020)Banking on Deposits: Maturity Transformation without Interest Rate Risk (2021)Banks, Liquidity Management, and Monetary Policy (2022)
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References

  • 1977Rules Rather than Discretion: The Inconsistency of Optimal Plans7,896 cited
  • 1983Rules, discretion and reputation in a model of monetary policy3,625 cited
  • 2016Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound1,840 cited
  • 1991The Term Structure as a Predictor of Real Economic Activity1,739 cited
  • 1987PRACTITIONERS’ CORNER: Computing Robust Standard Errors for Within‐groups Estimators *1,449 cited
  • 2017Measuring the natural rate of interest: International trends and determinants700 cited
  • 2019Life below Zero: Bank Lending under Negative Policy Rates363 cited
  • 2018Monetary policy and bank profitability in a low interest rate environment222 cited
  • 2018The Reversal Interest Rate216 cited
  • 2019Negative Nominal Interest Rates and the Bank Lending Channel180 cited
  • 2002Preventing Deflation: Lessons from Japan's Experience in the 1990s176 cited
  • 2015Resource reallocation and zombie lending in Japan in the 1990s133 cited
  • 2016Negative Interest Rate Policy (NIRP)131 cited
  • 2021Is there a zero lower bound? The effects of negative policy rates on banks and firms131 cited
  • 2016How have central banks implemented negative policy rates

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119 cited
  • 2018The Natural Rate of Interest: Estimates, Drivers, and Challenges to Monetary Policy105 cited
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