In early 2016 as the Bank of Japan began to push policy interest rates negative, there was
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In early 2016 as the Bank of Japan began to push policy interest rates negative, there was a sharp increase in sales for home in Japan. Why might this be, and what does it mean for the effectiveness of negative interest rate policy?
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Negative policy interest rates have the effect of making deposit rates at banks negative Thu...View the full answer
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Related Book For
Economics of Money Banking and Financial Markets
ISBN: 978-0134733821
12th edition
Authors: Frederic S. Mishkin
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