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Browsing Recerca: working papers, preprints, informes, etc. by Subject "unconventional monetary policies"

Browsing Recerca: working papers, preprints, informes, etc. by Subject "unconventional monetary policies"

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  • Debortoli, Davide; Galí, Jordi, 1961-; Gambetti, Luca (2018-01-02)
    We evaluate the hypothesis that the zero lower bound (ZLB) constraint was, in practice, irrelevant during the recent ZLB episode experienced by the U.S. economy (2009Q1-2015Q4). We focus on two dimensions of economic ...
  • Galí, Jordi, 1961- (2017-05-02)
    Under uncovered interest parity (UIP), the size of the effect on the real exchange rate of an anticipated change in real interest rate differentials is invariant to the horizon at which the change is expected. Empirical ...

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