Negative Interest Rates: Taking Stock of the Experience So Far

This departmental paper aims to take stock of the experience with negative interest rate policies so far.
Volume/Issue: Volume 2021 Issue 003
Publication date: March 2021
ISBN: 9781513570082
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Summary

This paper focuses on negative interest rate policies and covers a broad range of its effects, with a detailed discussion of findings in the academic literature and of broader country experiences.