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Contribution Details
Type | Master's Thesis |
Scope | Discipline-based scholarship |
Title | Negative Interest Rate Policy: How Negative Interest Rate Policy Affected the Trade Balance Between the Eurozone and the United States |
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Institution | University of Zurich |
Faculty | Faculty of Business, Economics and Informatics |
Number of Pages | 69 |
Date | 2016 |
Abstract Text | Since June 2014 five central banks globally adopted negative interest rates as a monetary policy tool to revive their economies. Governments have traditionally used interest rates in order to manipulate their currencies in search of competitive advantage with respect to their partners... This thesis suggests that the adoption of negative policiy rates does not seem to distort basic, and well-established through theory, economic concepts. |
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