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Zero Lower Bound Term Structure Modeling

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Zero Lower Bound Term Structure Modeling
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2026-08-08 2026-08-15
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EAN 9781137401823
Springer Nature
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Nominal yields on government debt in several countries have fallen very near their zero lower bound (ZLB), causing a liquidity trap and limiting the capacity to stimulate economic growth. This book provides a comprehensive reference to ZLB structure modeling in an applied setting.

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