Discussions on low interest rates and the zero bound

From the University of Texas at Austin Economics Department:

Dr. Coibion on low interests: “One of the defining features of the current economic crisis has been the zero bound on nominal interest rates….

From the St. Louis fed:

Working Paper #2013-007C;  ” Global Dynamics at the Zero Lower Bound“,    by William T. Gavin, Benjamin D. Keen, Alexander Richter and Nathaniel Throckmorton

Abstract: …We also evaluate how monetary policy affects the likelihood of hitting the ZLB. A policy rule based on a dual mandate is more likely to cause ZLB events when the central bank places greater emphasis on output stabilization.

Discussions on low interest rates and the zero bound

From the University of Texas at Austin Economics Department:

Dr. Coibion on low interests: “One of the defining features of the current economic crisis has been the zero bound on nominal interest rates….

From the St. Louis fed:

Working Paper #2013-007C;  ” Global Dynamics at the Zero Lower Bound“,    by William T. Gavin, Benjamin D. Keen, Alexander Richter and Nathaniel Throckmorton

Abstract: …We also evaluate how monetary policy affects the likelihood of hitting the ZLB. A policy rule based on a dual mandate is more likely to cause ZLB events when the central bank places greater emphasis on output stabilization.