(Un)Conventional monetary policy : how do negative policy rates affect banks?

In June 2014, the ECB’s decision to cut its deposit facility rate (DFR) to -10 b.p. broke with the idea of an unsurpassable zero lower bound. At this level, people would convert deposits into cash to escape nominal devaluation. This new unconventional monetary policy’s impact on bank profitability i...

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Bibliographic Details
Main Author: Barreiras, Joana Maria Raposo (author)
Format: masterThesis
Language:eng
Published: 2021
Subjects:
Euro area
Negative interest rates
Bank profitability
Central banks
Zero-lower bound
Deposits
Monetary policy transmission
Área euro
Taxas de juro negativas
Rendibilidade bancária
Bancos centrais
Limite inferior zero
Depósitos
Transmissão da política monetária
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
Online Access:http://hdl.handle.net/10400.14/35557
Country:Portugal
Oai:oai:repositorio.ucp.pt:10400.14/35557

Internet

http://hdl.handle.net/10400.14/35557

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