Zero Lower Bound Term Structure Modeling
A Practitioner’s Guide| By: | L. Krippner |
| Publisher: | Springer Nature |
| Print ISBN: | 9781137408327 |
| eText ISBN: | 9781137401823 |
| Edition: | 0 |
| Copyright: | 2015 |
| Format: | Reflowable |
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Nominal yields on government debt in several countries have fallen very near their zero lower bound (ZLB), causing a liquidity trap and limiting the capacity to stimulate economic growth. This book provides a comprehensive reference to ZLB structure modeling in an applied setting.