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Mathematical finance / Liquidity trap / Elasticity of intertemporal substitution / Zero interest rate policy / Labour economics / Central bank / Economics / Macroeconomics / Monetary policy / Interest rate


Discussion of “The Zero Lower Bound and Monetary Policy in a Global Economy: A Simple Analytical Investigation”∗ Paolo Pesenti Federal Reserve Bank of New York, NBER, and CEPR
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Document Date: 2010-03-01 03:26:00


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File Size: 209,26 KB

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Financial Times / Goldman Sachs / /

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bank balance sheets / linear technology / closed-form solution / /

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European Central Bank / US Federal Reserve / Federal Reserve Bank of New York / /

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Financial Times / Journal of Monetary Economics / /

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linear technology / /

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