The paper paints a broad picture of the interest-rate development in Denmark since 1875. Three different short-term interest-rate series (the official discount rate, private banks' average deposit rate, and the market rate of discount/money market rate) and two different long-term interest-rate...

The paper paints a broad picture of the interest-rate development in Denmark since 1875. Three different short-term interest-rate series (the official discount rate, private banks' average deposit rate, and the market rate of discount/money market rate) and two different long-term interest-rate...

The short-term Danish interbank market before, during and after the financial crisis The paper studies the microstructure of the short-term uncollateralised Danish interbank market before, during and after the financial crisis. The financial crisis in 2008 was followed by a slowdown in trading...

Yes they do! We examine the case of Denmark - the first country in the world to move its key monetary-policy rate below zero. Using rich microdata and an event-study framework, we find that firms exposed to negative deposit rates to a higher degree than other firms increase their fixed...