Margherita Bottero

Bank of Italy

Via Nazionale 91

Rome, 00184

Italy

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Expansionary Yet Different: Credit Supply and Real Effects of Negative Interest Rate Policy

CEPR Discussion Paper No. DP14233
Number of pages: 64 Posted: 14 Jan 2020
Bank of Italy, Federal Reserve Board, Catalan Institution of Research and Advanced Studies (ICREA), Luiss Guido Carli University - Department of Economics and Finance, International Monetary Fund (IMF) and Bank of Italy
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Abstract:

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bank lending channel of monetary policy, eurozone crisis, Liquidity management, Negative Interest Rates, Portfolio rebalancing