It takes the average reader and 22 minutes to read Negative Interest Rates and the Signalling Channel by Kerstin Bernoth
Assuming a reading speed of 250 words per minute. Learn more
While negative interest rates stimulate the real economy by enhancing credit supply and improving the wealth situation of firms and households, they might come with side effects with regard to banking and financial stability. In an assessment of the trade-off between the ability of a central bank to use negative policy rates to signal lower future deposits rates, against the potential costs on bank profitability, we find that the signalling effect dominates. Thus, a negative interest rate policy is an effective monetary policy tool, even when deposit rates are bound by zero. This document was provided by Policy Department A at the request of the Economic and Monetary Affairs Committee.
Negative Interest Rates and the Signalling Channel by Kerstin Bernoth is 22 pages long, and a total of 5,544 words.
This makes it 7% the length of the average book. It also has 7% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 30 minutes to read Negative Interest Rates and the Signalling Channel aloud.
Negative Interest Rates and the Signalling Channel is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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