The frequency of the zero lower bound around the world Use the FRED database at the Federal

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The frequency of the zero lower bound around the world Use the FRED database at the Federal Reserve Bank of St Louis to find the monthly average nominal policy interest rates for four major players. The series for these rates are: United States, federal funds (FEDFUNDS); United Kingdom, (INTDSRGBM193N); European Central Bank (covering Italy, France, and Germany), immediate rate on Euro (IRSTCIO1EZM156N); Bank of Japan, immediate rate on yen (IRSTCIO1JPM156N); Bank of Canada, immediate rate (IRSTCBO1CAM156N).

Which of these central banks spent a significant period of time at the zero lower bound since 2000?

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Macroeconomics

ISBN: 9780133780581

7th Edition

Authors: Olivier Jean Blanchard

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