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Negative Interest Rate Risk. Atavism or Normalization of Central Banks’ Monetary Policy

In the face of the global financial crisis, central banks have used unconventional monetary policy instruments. Firstly, they implemented the interest rate policy, lowering base interest rates to a very low (almost zero) level. However, in the following years they did not undertake normalizing activ...

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Autori principali: Irena Pyka, Aleksandra Nocoń
Natura: Artigo
Lingua:Inglês
Pubblicazione: Lodz University Press 2019-08-01
Serie:Acta Universitatis Lodziensis. Folia Oeconomica
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Accesso online:https://czasopisma.uni.lodz.pl/foe/article/view/3508
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