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Grading the negative rate experiment

Posen, Adam S., Mayer, Thomas, de Larosière, JAcques, Gagnon, Joseph E., Bini Smaghi, Lorenzo, Chen, Zhao, Lachman, Desmond, Litan, Robert E., O’Neill, Jim, Broaddus, J. Alfred, Furman, Jason, Flassbeck, Heiner, Granville, Brigitte, Mason, J.W., White, William R., Galbraith, James K., Codogno, Lorenzo, Kamin, Steven B., Whalen, Christopher, Sobel, Mark, El-Erian, Mohamed A., Mohacsi, Piroska, Schmieding, Holger and Hufbauer, Gary Clyde (2024) Grading the negative rate experiment. The International Economy Magazine. 14 - 31.

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Abstract

Did keeping interest rates low for so long create an unnecessary ““free money” distortion, increasing income inequality? Two dozen noted policy experts share their thoughts.

Item Type: Article
Divisions: European Institute
Subjects: H Social Sciences > HG Finance
Date Deposited: 10 Oct 2024 08:42
Last Modified: 11 Dec 2024 21:29
URI: http://eprints.lse.ac.uk/id/eprint/125679

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