The Zero Interest Rate Floor (ZIF) and its Implications for Monetary Policy in Japan /
This paper uses the IMF's macroeconomic model MULTIMOD to examine the implications of the zero-interest-rate floor (ZIF) for the design of monetary policy in Japan. Similar to findings in other studies, targeting rates of inflation lower than 2.0 percent significantly increases the likelihood o...
| Hovedforfatter: | Laxton, Douglas |
|---|---|
| Andre forfattere: | Hunt, Benjamin |
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2001.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 2001/186 |
| Online adgang: | Full text available on IMF |
Lignende værker
-
The Term Structure of Interest Rates and Monetary Policy During a Zero-Interest-Rate Period /
af: Nagayasu, Jun
Udgivet: (2003) -
Monetary Policy with Negative Interest Rates : Decoupling Cash from Electronic Money /
af: Assenmacher, Katrin
Udgivet: (2018) -
Unconventional Monetary Policy and Long-Term Interest Rates /
af: Wu, Tao
Udgivet: (2014) -
U.S. Monetary Policy Normalization and Global Interest Rates /
af: Caceres, Carlos
Udgivet: (2016) -
Demographics and the Natural Rate of Interest in Japan /
af: Han, Fei
Udgivet: (2019)