In Expansionary yet different: credit supply and real effects of negative interest rate policy, Margherita Bottero et al investigate how this form of policy works using data from Italy.
The authors argue that negative interest rate policy differs in how it works from a policy of cuts to interest rates that are low
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.