Overcoming Zero Lower Bound on Interest Rate without any Inflation or Inflationary Expectations
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DOI: 10.1177/2277978714525308
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More about this item
Keywords
Zero lower bound on interest rate; inflation; fiscal policy; monetary policy; government budget constraint;All these keywords.
JEL classification:
- E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
- E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
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