Darracq Paries, Matthieu; Kok, Christoffer - 2021
suggests that the reversal interest rate is located in negative territory of around −1% per annum. The possibility of the … reversal interest rate creates a novel motive for macroprudential policy. We show that macroprudential policy in the form of a …Could a monetary policy loosening entail the opposite effect than the intended expansionary impact in a low interest …