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Measuring the Constraint of the Zero lower Bound on Monetary Policy in the United States
Title
Measuring the Constraint of the Zero lower Bound on Monetary Policy in the United States
Author
Hecksher, Samuel
Date Created
2018
Subjects--Topical
Economics
Description
After the financial crisis in 2007-2008 the Federal Reserve lowered its target interest rate down to the zero lower bound (ZLB) forcing itself towards unconventional monetary policy. Attempting to mitigate the constraint that is the ZLB, the Fed e...