The Zero Lower Bound on nominal interest rates and its impact on monetary policy in the “New Normal”

This dissertation aims to illustrate the impact of the Zero Lower Bound (ZLB) on nominal interest rates, based on a deterministic simulation of Fernández-Villaverde and Rubio-Ramírez’ (2006) DSGE model of the U.S. economy. I calibrate the model for 2 different steady states, the first based on histo...

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Bibliographic Details
Main Author: Bäumler, Daniel Maximilian Günter (author)
Format: masterThesis
Language:eng
Published: 2018
Subjects:
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
Online Access:http://hdl.handle.net/10400.14/26312
Country:Portugal
Oai:oai:repositorio.ucp.pt:10400.14/26312

Internet

http://hdl.handle.net/10400.14/26312

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