NEGATIVE INTEREST RATES AND HOUSING BUBBLES
In years after the financial crisis economists started to propose negative interest rates as a way how to escape from a liquidity trap. Negative interest rate was considered to be impossible but few countries have already set them below the lower zero bound. However, it has been done only in the cen...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Czech Technical University, Prague
2016-12-01
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| Series: | Civil Engineering Journal |
| Subjects: | |
| Online Access: | http://civilengineeringjournal.cz/archive/issues/2016/2016_4/4-2016-0020.pdf |