Results 231 to 240 of about 192,785 (264)

STABILIZATION POLICY AT THE ZERO LOWER BOUND

International Economic Review, 2019
AbstractWe construct a monetary economy with aggregate liquidity shocks and heterogeneous idiosyncratic preference shocks. In this environment, not all agents are satiated at the zero lower bound (ZLB) even when the Friedman rule is the best interest‐rate policy the central bank can implement.
Boel, Paola, Waller, Christopher J.
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Lower Bounds For Multidimensional Zero Sums

COMBINATORICA, 2004
Let \(f(n,d)\) denote the least integer such that for any choice of \(f(n,d)\) elements in \({\mathbb Z}_n^d\) contains a subset of size \(n\) whose sum is zero. \textit{H. Harborth} [J. Reine Angew. Math. 262/263, 356--360 (1973; Zbl 0268.05008)] showed that \((n-1)2^d+1\leq f(n,d)\leq (n-1)n^d+1\). \textit{N. Alon} and \textit{M.
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Impulse Response Analysis at the Zero Lower Bound

2023
We study whether the response of the economy to structural shocks changes at the zero lower bound. Monte Carlo evidence suggests that VARs have a limited ability to detect changes in impulse response functions at the ZLB compared to the standard environment with positive interest rates.
Benati, Luca, Lubik, Thomas A.
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Stabilizing expectations at the zero lower bound: Experimental evidence

Journal of Economic Dynamics and Control, 2015
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Arifovic, Jasmina, Petersen, Luba
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On the lower bound of zero-error capacity (Corresp.)

IEEE Transactions on Information Theory, 1968
It is shown that the lower bound on zero-error capacity C_{0} as presented by Shannon [1] and Gallager [2] is \ln \alpha , where \alpha is the maximum number of channel input symbols, no two of which have a common output symbol.
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The Lower Bound: To Zero and Beyond

2016
The story of monetary policy during the financial crisis is one of experimentation with unconventional tools and unexpected macroeconomic developments. We begin with the conventional tool of monetary policy and the tale of official interest rates. It is often said central banks hit the zero lower bound (ZLB) on official interest rates during the crisis
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A New Lower Bound for Positive Zero Forcing

2017
The positive zero forcing number is a variant of the zero forcing number, which is an important parameter in the study of minimum rank/maximum nullity problems. In this paper, we first introduce the propagation decomposition of graphs; then we use this decomposition to prove a lower bound for the positive zero forcing number of a graph.
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Implications of the Zero Lower Bound

2023
This thesis examines the effectiveness of forward guidance in the euro area using a structural New-Keynesian model at the zero lower bound (ZLB). To incorporate forward guidance, I implement a ZLB constraint into a medium-scale Dynamic Stochastic General Equilibrium (DSGE) model that treats a sequence of expected durations of the ZLB as free parameters
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Zeroing In: Asset Pricing Near the Zero Lower Bound

SSRN Electronic Journal, 2017
This paper analyzes the effect of the Zero Lower Bound (ZLB) on asset prices, risk premia, and the co-movement of asset returns using a New Keynesian framework with nominal rigidities. I find that the presence of the ZLB generates a new source of macroeconomic risk: the risk that the ZLB will be binding in the future.
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A parsimonious model for zero inflation at the zero lower bound

Economics Letters
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Yuta Takahashi, Naoki Takayama
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