The pitfalls of speed-limit interest rate rules at the zero lower bound
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More about this item
KeywordsSpeed-limit rules; commitment; zero lower bound; self-fulfilling prophecies;
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2013-06-24 (All new papers)
- NEP-CBA-2013-06-24 (Central Banking)
- NEP-MAC-2013-06-24 (Macroeconomics)
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