Negative policy interest rates and exchange rate behavior: Further results

Tools

Thornton, John and Vasilakis, Chrysovalantis (2019) Negative policy interest rates and exchange rate behavior: Further results. Finance Research Letters, 29. pp. 61-67. ISSN 1544-6123

Preview

PDF (Accepted_Manuscript) - Accepted Version
Available under License Creative Commons Attribution Non-commercial No Derivatives.
Download (808kB) | Preview

Abstract

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.

Item Type:	Article
Faculty \ School:	Faculty of Social Sciences > Norwich Business School
Related URLs:	https://research.bangor.ac.uk/portal/en/...
Depositing User:	LivePure Connector
Date Deposited:	09 Sep 2019 09:30
Last Modified:	30 Jan 2024 02:37
URI:	https://ueaeprints.uea.ac.uk/id/eprint/72113
DOI:	10.1016/j.frl.2019.03.023

Downloads

Downloads per month over past year

Actions (login required)

View Item