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  • Jing Cynthia Wu and Ji Zhang, NBER International Seminar on Macroeconomics 2018 (Journal of International Economics (Elsevier), volume 118, 2018), https://www.nber.org/books-and-chapters/nber-international-seminar-macroeconomics-2018/global-effective-lower-bound-and-unconventional-monetary-policy.

Published From Paper

- Working Paper
In a standard open-economy New Keynesian model, the effective lower bound causes anomalies: output and terms of trade...

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