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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.
About the Author Leo Krippner is Senior Advisor to the Research Section of the Economics Department at the Reserve Bank of New Zealand..
This book provides a comprehensive reference to ZLB Structure modeling in an applied setting.
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
Uneori, aceste descrieri pot contine inadvertente. De asemenea, imaginea este informativa si poate contine accesorii neincluse in pachetele standard.
