The Impact of Nominal Negative Interest Rates on the Economy – Literature Review

Until recently, negative nominal interest rates of the central bank were in the sphere of theoretical considerations. In 2009, the Swedish Central Bank was the first to implement a negative interest rate policy (NIRP). Since then, the NIRP has been implemented by the National Bank of Denmark, the...

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Bibliographic Details
Main Author: Jakub Kubiczek
Format: Article
Language:English
Published: University of Warsaw 2022-07-01
Series:Journal of Banking and Financial Economics
Subjects:
Online Access:https://jbfe.wz.uw.edu.pl/resources/html/article/details?id=230814