Fiordelisi, Franco; Galloppo, Giuseppe; Ricci, Ornella - In: Journal of Financial Stability 11 (2014) C, pp. 49-61
Since 2007, monetary authorities around the globe have reduced their key policy interest rates to unprecedented low ….g., Taylor and Williams, 2009); (2) the stock market, represented by wide equity indices; and (3) the banking sector, focusing on …-conventional ones in restoring the interbank market, which is fundamental for maintaining a fully operational traditional interest rate …