Showing 1 - 10 of 20
. These results are interesting not only for Japan, but also for other advanced economies where monetary policy is currently …
Persistent link: https://www.econbiz.de/10013092811
changing effectiveness of the Bank of Japan's Quantitative Easing policies over time. We analyse the Zero-Interest Rate Policy …
Persistent link: https://www.econbiz.de/10013049211
Persistent link: https://www.econbiz.de/10010362620
Persistent link: https://www.econbiz.de/10009787089
Persistent link: https://www.econbiz.de/10001429101
Persistent link: https://www.econbiz.de/10001164586
Persistent link: https://www.econbiz.de/10001654716
Persistent link: https://www.econbiz.de/10012589568
Persistent link: https://www.econbiz.de/10010192406
In this note we elaborate on the effect of the modeling choice of the zero lower bound on the size of the fiscal multiplier. To this end we contrast two different ways to implement the ZLB in a New Keynesian model: the ZLB modeled as an endogenous central bank reaction to a contractionary demand...
Persistent link: https://www.econbiz.de/10010681227