Similar Search Results

Reflections on the natural rate of interest, its measurement, monetary policy and the zero lower bound

Cukierman, Alex - 2016

Persistent link: https://www.econbiz.de/10011544620

Parameter bias in an estimated DSGE model : does nonlinearity matter?

Hirose, Yasuo; Sunakawa, Takeki - 2015

Persistent link: https://www.econbiz.de/10011758109

Note on zero lower bound worries

Ullersma, Cees A.; Hieminga, Gerben - 2006

Persistent link: https://www.econbiz.de/10003383067

Zero Lower Bound Bias Correction

Morris, Stephen - 2022

The zero lower bound causes bias in the estimation of linear models. A common solution seen throughout the literature … is to utilize nonlinear models instead. But if said bias were analytically tractable, one could also retain linear …

Persistent link: https://www.econbiz.de/10013298239

Parameter uncertainty and effective lower bound risk

Soma, Naoto - 2021

Persistent link: https://www.econbiz.de/10013471154

Zero lower bound (ZLB) economics : the fallacy of New Keynesian explanations of stagnation

Palley, Thomas I. - 2016 - Revised January 2016

This paper explores zero lower bound (ZLB) economics. The ZLB is widely invoked to explain stagnation and it fits with the long tradition that argues Keynesian economics is a special case based on nominal rigidities. The ZLB represents the newest rigidity. Contrary to ZLB economics, not only...

Persistent link: https://www.econbiz.de/10011433395

Why may large economies suffer more at the zero lower bound?

Brzoza-Brzezina, Michał - 2016

Persistent link: https://www.econbiz.de/10011436993

The importance of time-varying parameters in new Keynesian models with zero lower bound

Albertini, Julien; Lan, Hong - 2016

In this paper we question the ability of New Keynesian models to reproduce the behavior of the nominal interest rate. In particular, we wonder if the model is able to reproduce infrequent but long ZLB spells as observed in the data. Starting from the canonical model, we compare alternative...

Persistent link: https://www.econbiz.de/10011438035

The behaviour of the bank lending channel when interest rates approach the zero lower bound : evidence from quantile regressions

Apergēs, Nikolaos; Christou, Christina - In: Economic modelling 49 (2015), pp. 296-307

Persistent link: https://www.econbiz.de/10011439576

Fiscal multipliers in a monetary union under the zero-lower-bound constraint

Flotho, Stefanie - In: Macroeconomic dynamics 19 (2015) 6, pp. 1171-1194

Persistent link: https://www.econbiz.de/10011439753

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