OVERCOMING T HE Z ERO B OUND ON NOMINAL INTEREST R ATES WITH NEGATIVE I NTEREST ON C URRENCY: G ESELL'S S OLUTION*

By W. Buiter, Nikolaos Panigirtzoglou. 2003

145 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/95f8b4229333a673b7bb02a17d4df476ca3c0c56

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Bennett T Mccallum
2. W. Buiter
3. Carl E. Walsh
4. John H. Cochrane
5. P. Arestis
6. Malcolm Sawyer
7. António Afonso
8. Athanasios Orphanides

In Finance

1. Bennett T Mccallum
2. W. Buiter
3. P. Arestis
4. Malcolm Sawyer

Citations in the corpus

• Multiple-solution indeterminacies in monetary policy analysis (2003, background): “learnability criterion; see, e.g., Buiter and Panigirtzoglu (2002) .”
• Negative Nominal Interest Rates: Three Ways to Overcome the Zero Lower Bound (2009, unknown): “Examples are Goodfriend (2000), Buiter and Panigirtzoglou (2001, 2003), Buiter (2004, 2007a), Buiter and Sibert (2007), Davies (2004) and Fukao (2005).”
• Central banks and financial crises (2008, background): “If the practical reality that paying (negative) interest on currency is not feasible or too costly sets a zero floor under the official policy rate, this would, in my view be a good argument for doing away with currency altogether (s e Buiter and Panigirtzoglou (2003)).”
• Is there a zero lower bound? The effects of negative policy rates on banks and firms (2019, unknown): “3 See also Lilley and Rogoff (2019), Agarwal and Kimball (2015) and Buiter and Panigirtzoglou (2003).”