Interest Rate Hysteresis in Macroeconomic Investment under Uncertainty
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- Ansgar Belke & Matthias Göcke, 2019. "Interest Rate Hysteresis in Macroeconomic Investment under Uncertainty," ROME Working Papers 201902, ROME Network.
- Belke, Ansgar H. & Göcke, Matthias, 2019. "Interest Rate Hysteresis in Macroeconomic Investment under Uncertainty," IZA Discussion Papers 12566, Institute of Labor Economics (IZA).
- Belke, Ansgar & Göcke, Matthias, 2019. "Interest rate hysteresis in macroeconomic investment under uncertainty," Ruhr Economic Papers 801, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
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Cited by:
- Belke, Ansgar & Frenzel Baudisch, Coletta & Göcke, Matthias, 2020.
"Interest rate bands of inaction and play-hysteresis in domestic investment – Evidence for the Euro Area,"
Journal of Economic Behavior & Organization, Elsevier, vol. 175(C), pages 19-39.
- Belke, Ansgar & Frenzel Baudisch, Coletta & Göcke, Matthias, 2019. "Interest rate bands of inaction and play-hysteresis in domestic investment: Evidence for the euro area," Ruhr Economic Papers 817, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Belke, Ansgar & Frenzel Baudisch, Coletta & Göcke, Matthias, 2019. "Interest Rate Bands of Inaction and Play-Hysteresis in Domestic Investment - Evidence for the Euro Area," GLO Discussion Paper Series 374, Global Labor Organization (GLO).
- Belke, Ansgar H. & Frenzel Baudisch, Coletta & Göcke, Matthias, 2019. "Interest Rate Bands of Inaction and Play-Hysteresis in Domestic Investment: Evidence for the Euro Area," IZA Discussion Papers 12567, Institute of Labor Economics (IZA).
- Ansgar Belke & Coletta Frenzel Baudisch, 2019. "Interest Rate Bands of Inaction and Play-Hysteresis in Domestic Investment - Evidence for the Euro Area," ROME Working Papers 201910, ROME Network.
- Belke, Ansgar & Klose, Jens, 2020. "Equilibrium real interest rates and the financial cycle: Empirical evidence for Euro area member countries," Economic Modelling, Elsevier, vol. 84(C), pages 357-366.
- Dosi Cesare & Moretto Michele & Tamborini Roberto, 2022. "Do balanced-budget fiscal stimuli of investment increase its economic value?," German Economic Review, De Gruyter, vol. 23(2), pages 157-179, May.
- Luigi Bonatti & Andrea Fracasso & Roberto Tamborini, 2020. "COVID-19 and the Future of Quantitative Easing in the Euro Area: Three Scenarios with a Trilemma," DEM Working Papers 2020/11, Department of Economics and Management.
- Koray Yıldırım & Neşe Algan & Harun Bal, 2024. "Investment Hysteresis: An Empirical Essay Turkish Case," Evaluation Review, , vol. 48(1), pages 143-176, February.
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More about this item
Keywords
Forward guidance; interest rate; investment; Mayergoyz-Preisach model; monetary policy; path dependence; non-ideal relay; sunk-cost hysteresis; uncertainty; zero lower bound;All these keywords.
JEL classification:
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2019-08-26 (Macroeconomics)
- NEP-ORE-2019-08-26 (Operations Research)
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