We thank Christiane Baumeister for assistance with obtaining some of the data for this project, and thank Michael Bauer, John Cochrane, Gregory Duffee, Gauti Eggertsson, Jeff Hallman, Monika Piazzesi, Eric Swanson, Dimitri Vayanos, Kenneth West, Michael Woodford, anonymous referees, and seminar and conference participants at the University of Chicago, Michigan State University, UCSD, Bank of Canada, ECB, the Federal Reserve Board, and Federal Reserve Banks of Boston, Chicago, New York, and San Francisco for helpful comments on earlier versions of this paper.
The Effectiveness of Alternative Monetary Policy Tools in a Zero Lower Bound Environment
Article first published online: 3 FEB 2012
© 2012 The Ohio State University
Journal of Money, Credit and Banking
Volume 44, Issue Supplement s1, pages 3–46, February 2012
How to Cite
HAMILTON, J. D. and WU, J. C. (2012), The Effectiveness of Alternative Monetary Policy Tools in a Zero Lower Bound Environment. Journal of Money, Credit and Banking, 44: 3–46. doi: 10.1111/j.1538-4616.2011.00477.x
- Issue published online: 3 FEB 2012
- Article first published online: 3 FEB 2012
- Received November 8, 2010; and accepted in revised form April 28, 2011.
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