Hoppa till sidans huvudinnehåll

Del 0

Negative Interest Rates and Financial Stability

Lessons in Systemic Risk

Häftad, Engelska, 2024

AvKarol Rogowicz,Małgorzata Iwanicz-Drozdowska,Karol (SGH Warsaw School of Economics) Rogowicz,Malgorzata Iwanicz-Drozdowska,Ma¿gorzata Iwanicz-Drozdowska

779 kr

Beställningsvara. Skickas inom 10-15 vardagar. Fri frakt för medlemmar vid köp för minst 249 kr.

Finns i fler format (1)

Inbunden

2 559 kr

Skickas inom 10-15 vardagar

This book sheds new light on a recently introduced monetary tool – negative interest rates policy (NIRP). It provides in-depth insight into this phenomenon, conducted by the central banks in several economies, for example, the Eurozone, Switzerland and Japan, and its possible impact on systemic risk. Although it has been introduced as a temporary policy instrument, it may remain widely used for a longer period and by a greater range of central banks than initially expected, thus the book explores its effects and implications on the banking sector and financial markets, with a particular focus on potentially adverse consequences. There is a strong accent on the uniqueness of negative policy rates in the context of financial stability concerns. The authors assess whether NIRP has any – or in principle a stronger – impact on systemic risk than conventional monetary policy. The book is targeted at presenting and evaluating the initial experiences of NIRP policy during normal, i.e. pre-COVID, times, rather than in periods in which pre-established macroeconomic relations are rapidly disrupted or, specifically, when the source of the disruption is not purely economic in nature, unlike in systemic crisis. The authors adopt both theoretical and practical approaches to explore the key issues and outline the policy implications for both monetary and macroprudential authorities, with respect to negative interest rate policy, thus the book will provide a useful guide for policymakers, academics, advanced students and researchers of financial economics and international finance.

Produktinformation

Tillhör följande kategorier

Hoppa över listan

Mer från samma serie

Banking and Economic Rent in Asia

Yasushi Suzuki, Mohammad Dulal Miah, Manjula K. Wanniarachchige, S.M. Sohrab Uddin, Japan) Suzuki, Yasushi (Ritsumeikan Asia Pacific University, Oman) Miah, Mohammad Dulal (University of Nizwa, Sri Lanka) Wanniarachchige, Manjula K. (University of Ruhuna, Bangladesh) Uddin, S.M. Sohrab (University of Chittagong

Häftad

839 kr

Capital and Finance

Peter Lewin, Nicolás Cachanosky, USA) Cachanosky, Nicolas (University of Denver, Nicolás

Inbunden

2 829 kr

Economics of Cryptocurrencies

J. Mark Munoz, Michael Frenkel, Germany) Frenkel, Michael (WHU – Otto Beisheim School of Management

Inbunden

2 829 kr

Complexities of Financial Globalisation

Tony Cavoli, Sasidaran Gopalan, Ramkishen S. Rajan, Australia) Cavoli, Tony (University of South Australia, Singapore) Gopalan, Sasidaran (Nanyang Technological University, Singapore) Rajan, Ramkishen S. (National University of Singapore

Häftad

839 kr

Hoppa över listan

Du kanske också är intresserad av

Foreign-Owned Banks

Małgorzata Iwanicz-Drozdowska, Paola Bongini, Paweł Smaga, Bartosz Witkowski, Malgorzata Iwanicz-Drozdowska, Pawel Smaga, Ma¿gorzata Iwanicz-Drozdowska, Pawe¿ Smaga

Inbunden

1 719 kr

European Bank Restructuring During the Global Financial Crisis

Jakub Kerlin, Elżbieta Malinowska-Misiąg, Paweł Smaga, Bartosz Witkowski, Agnieszka K. Nowak, Anna Kozłowska, Piotr Wiśniewski, Malgorzata Iwanicz-Drozdowska, Malinowska-Misi&, Pawel Smaga, Agnieszka K Nowak, Anna Kozlowska, Wi&, Małgorzata Iwanicz-Drozdowska, Malgorzata Iwanicz-Drozdowska

Inbunden

1 439 kr

  • Nyhet
Del 4

Sot

Sara Strömberg

Storpocket

139 kr179 kr

  • Nyhet
Del 4

Nattjägaren

Anders de la Motte

Storpocket

139 kr179 kr