How have central banks implemented negative policy rates
By M. Bech, Aytek Malkhozov. 2016
165 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/a1709e51df32c254662249224b9d259220ee6357
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Citations in the corpus
- Negative Nominal Interest Rates and the Bank Lending Channel (2019, unknown): “Source: The Riksbank (6)The exact implementation of negative rates differ across the countries which have implemented them, see Bech and Malkhozov (2016) for an overview.”
- Life below Zero: Bank Lending under Negative Policy Rates (2019, unknown): “25% on sight deposits exceeding a given exemption threshold (see Bech and Malkhozov (2016) for further 3 In the current economic and institutional environment, banks hold reserves, even though they effectively are taxed, for three reasons.”
- A Tale of Two Decades: The Ecb's Monetary Policy at 20 (2019, background): “For example, Jackson (2015), Bech and Malkhozov (2016) and Eggertsson Chart 6.”