Related Books

The Scarcity Effect of Quantitative Easing on Repo Rates: Evidence from the Euro Area
Language: en
Pages: 45
Authors: William Arrata
Categories: Business & Economics
Type: BOOK - Published: 2018-12-07 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Most short-term interest rates in the Euro area are below the European Central Bank deposit facility rate, the rate at which the central bank remunerates banks�
Negative Interest Rate Policy (NIRP)
Language: en
Pages: 48
Authors: Andreas Jobst
Categories: Business & Economics
Type: BOOK - Published: 2016-08-10 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

More than two years ago the European Central Bank (ECB) adopted a negative interest rate policy (NIRP) to achieve its price stability objective. Negative intere
Enabling Deep Negative Rates to Fight Recessions: A Guide
Language: en
Pages: 89
Authors: Ruchir Agarwal
Categories: Business & Economics
Type: BOOK - Published: 2019-04-29 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

The experience of the Great Recession and its aftermath revealed that a lower bound on interest rates can be a serious obstacle for fighting recessions. However
Global Financial Stability Report, April 2012
Language: en
Pages: 94
Authors: International Monetary Fund. Monetary and Capital Markets Department
Categories: Business & Economics
Type: BOOK - Published: 2012-04-18 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

The April 2012 Global Financial Stability Report assesses changes in risks to financial stability over the past six months, focusing on sovereign vulnerabilitie
German Bond Yields and Debt Supply: Is There a “Bund Premium”?
Language: en
Pages: 34
Authors: Anne-Charlotte Paret
Categories: Business & Economics
Type: BOOK - Published: 2019-11-01 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Are Bunds special? This paper estimates the “Bund premium” as the difference in convenience yields between other sovereign safe assets and German government