We thank Steve Ambler, Craig Burnside, Kevin Moran, Henry Siu, Andrea Tambalotti, Alex Wolman, and two referees for their comments and suggestions. We are also grateful for useful discussions with our colleagues and seminar participants at the 2009 Bank of Canada conference on New Frontiers in Monetary Policy Design, 2009 Bank of Canada/University of British Columbia workshop on Macroeconomics and Monetary Policy, at the 2nd Bank of Italy conference on Macro Modeling in the Policy Environment and at the 2009 Canadian Economic Association meetings. The views expressed are the authors’ and do not necessarily reflect those of the Bank of Canada or its staff.
Risk Premium Shocks and the Zero Bound on Nominal Interest Rates
Version of Record online: 28 NOV 2012
© 2012 The Ohio State University
Journal of Money, Credit and Banking
Volume 44, Issue 8, pages 1475–1505, December 2012
How to Cite
AMANO, R. and SHUKAYEV, M. (2012), Risk Premium Shocks and the Zero Bound on Nominal Interest Rates. Journal of Money, Credit and Banking, 44: 1475–1505. doi: 10.1111/j.1538-4616.2012.00541.x
- Issue online: 28 NOV 2012
- Version of Record online: 28 NOV 2012
- Received October 22, 2009; and accepted in revised form April 28, 2011.
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