“Interest Rate Trap”, or Why Does the Central Bank Keep the Policy Rate Too Low for Too Long?
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Publication:4683622
DOI10.1111/sjoe.12118zbMath1397.91431MaRDI QIDQ4683622
Publication date: 21 September 2018
Published in: The Scandinavian Journal of Economics (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1111/sjoe.12118
systemic risk; macroprudential regulation; interest rate trap; liquidity requirements; risk-taking channel
91B64: Macroeconomic theory (monetary models, models of taxation)