Results 11 to 20 of about 3,677,895 (304)
On the negatives of negative interest rates
European Economic Review, 2023 Major central banks remunerate reserves at negative rates (NIR). To study thelong-run effects of NIR, we focus on the role of reserves as intertemporal stores of value that are used to settle interbank liabilities. We construct a dynamic general equilibrium model with commercial banks holding reserves and funding investments with retail deposits.
Aleksander Berentsen +2 more
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The determinants of lending interest rates of Jordanian listed commercial banks [PDF]
Accounting, 2021 This study aimed to examine the determinants of lending interest rates of 13 Jordanian commercial banks listed on the Amman Stock Exchange for the period 2011-2018.
Al-Qudah, Ali Mustafa
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Negative Interest Rates: Central Banks Initiated an Experiment
Vestnik MGIMO-Universiteta, 2016 Negative interest rates appeared as a consequence of economic problems that countries with market economy came across after the crises of2007-2008. The attempts of monetary authorities to stimulate economies with the help of quantitative easing didn't ...
Aleksey N. Burenin
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Influence of negative interest rates on endowements and foundations functioning [PDF]
Zbornik Radova: Pravni Fakultet u Novom Sadu, 2015 Negative interest rate exists in the case when on the basis of the deposit contract a deponent is obliged to pay to a depository (a bank) a reimbursement for the money keeping (paying to save).
Nikolić Dušan Ž.
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Negative Interest Rate Policies: Sources and Implications [PDF]
SSRN Electronic Journal, 2016 Against the background of continued growth disappointments, depressed inflation expectations, and declining real equilibrium interest rates, a number of central banks have implemented negative interest rate policies (NIRP) to provide additional monetary policy stimulus over the past few years. This paper studies the sources and implications of NIRP. We
Arteta, Carlos +3 more
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On the Deterministic-Shift Extended CIR Model in a Negative Interest Rate Framework
International Journal of Financial Studies, 2022 In this paper, we propose a new exogenous model to address the problem of negative interest rates that preserves the analytical tractability of the original Cox–Ingersoll–Ross (CIR) model with a perfect fit to the observed term-structure.
Marco Di Francesco, Kevin Kamm
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Cogent Economics & Finance, 2022 Central Bank Digital Currencies (CBDCs) enable negative interest rates. A game is analyzed between a central bank (accounting for the government’s interest) and a representative household choosing to consume, hold CBDC, or hold non-CBDC. The central bank
Guizhou Wang, Kjell Hausken
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Interest Rate Future Quality Options and Negative Interest Rates [PDF]
The Journal of Fixed Income, 2018 This paper verifies the existence of diversification gains from considering the "quality option asset strategy", which adds the portfolio replicating the interest rate future quality option, as proposed by Balbás and Reichardt (2010), and a portfolio comprised of stock and bonds.
Balbás, Alejandro +1 more
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From the Great Recession to the COVID-19 Pandemic: The Risk of Expansionary Monetary Policies
Risks, 2022 Central banks have been pursuing an expansionary monetary policy since before the pandemic, although the health and economic crisis of COVID-19 has boosted asset purchase programmes.
Miguel Ángel Echarte Fernández +3 more
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Negative U.S. Interest Rates? [PDF]
Economic Synopses, 2020 Negative rates have many of the same effects as cuts in positive rates but put pressure on banks’ financial conditions, which has restrained their use.
openaire +1 more source