Negative policy interest rates and exchange rate behavior: Further results

Negative policy interest rates and exchange rate behavior: Further results

Since 2012, seven central banks have sought additional monetary policy accommodation through the adoption of negative policy interest rates (NPIR). The policy resulted in a significant reduction in exchange rate volatility and weaker exchange rates in NPIR–adopter countries relative countries that d...

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Bibliographic Details
Main Authors: Thornton, J. (Author), Vasilakis, C. (Author)
Format: Article
Language:English
Published: Elsevier Ltd 2019
Subjects:
Difference in difference estimation
Exchange rate behavior
Negative policy interest rates
Online Access:View Fulltext in Publisher
LEADER 00980nam a2200181Ia 4500
001 10.1016-j.frl.2019.03.023
008 220511s2019 CNT 000 0 und d
020 |a 15446123 (ISSN) 
245 1 0 |a Negative policy interest rates and exchange rate behavior: Further results 
260 0 |b Elsevier Ltd  |c 2019 
856 |z View Fulltext in Publisher  |u https://doi.org/10.1016/j.frl.2019.03.023 
520 3 |a Since 2012, seven central banks have sought additional monetary policy accommodation through the adoption of negative policy interest rates (NPIR). The policy resulted in a significant reduction in exchange rate volatility and weaker exchange rates in NPIR–adopter countries relative countries that did not adopt the policy. © 2019 Elsevier Inc. 
650 0 4 |a Difference in difference estimation 
650 0 4 |a Exchange rate behavior 
650 0 4 |a Negative policy interest rates 
700 1 |a Thornton, J.  |e author 
700 1 |a Vasilakis, C.  |e author 
773 |t Finance Research Letters 

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