ECONOMICS · FINANCE|monetary economics · FINANCE|financial institutions and credit
- cuimse íochtair nialais Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- zero lower bound | zero lower-bound | zero-lower-bound | ZLB
- en
- Definition situation in which the short-term nominal interest rate is zero, or just above zero, causing a liquidity trap and limiting the capacity of the central banks to stimulate economic growth Reference "COM-IT based on: L. Krippner, Zero Lower Bound Term Structure Modeling, A Practitioner's Guide, http://www.palgrave.com/page/detail/zero-lower-bound-term-structure-modeling-/?K=9781137408327 [9.12.2015]"