The Effective Lower Bound for the Policy Rate in Euroized Economies—An Application to the Case of Albania
March 13, 2018
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Format: Chicago
Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Summary
Subject: Bank deposits, Banking, Central bank policy rate, Currencies, Deposit rates, Exchange rates, Financial services, Foreign exchange, Money
Keywords: Albania, Bank deposits, Banking system, Central bank policy rate, Currencies, Demand, Deposit, Deposit rate, Deposit rates, Euroization, Exchange rates, Global, Interest rate, Interest rate differential, Interest rate level, Interest rate lower bound, Interest rate margin, Lek-euro interest rate, Monetary policy, Monetary policy pass-through, Nominal interest rate, Time deposit, Transmission mechanism, WP
Publication Details
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Pages:
28
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Volume:
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DOI:
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Issue:
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Series:
Working Paper No. 2018/055
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Stock No:
WPIEA2018055
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ISBN:
9781484345313
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ISSN:
1018-5941