Search Results for interest rate lower bound

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Based on the experience of the Bank of Albania, the paper proposes a framework to estimate...

An independent central bank can manage its balance sheet and its capital so as to commit itself...

Fiscal stimulus was widely advocated during the global crisis, a period characterized by monetary...

The paper first describes how the Czech National Bank (CNB) moved gradually from a fixed exchange...

This paper examines interest rate spreads in English-speaking African countries. Higher spreads...

After 2007, countries that cut their policy interest rates close to zero turned, among other...