Zero Lower Bound Term Structure Modeling

Zero Lower Bound Term Structure Modeling PDF Author: L. Krippner
Publisher: Springer
ISBN: 1137401826
Category : Business & Economics
Languages : en
Pages : 436

Get Book Here

Book Description
Nominal yields on government debt in several countries have fallen very near their zero lower bound (ZLB), causing a liquidity trap and limiting the capacity to stimulate economic growth. This book provides a comprehensive reference to ZLB structure modeling in an applied setting.