Discussion Paper
Dynamics of Overnight Money Markets: What Has Changed at the Zero Lower Bound?
Abstract: In this note we provide a comparative analysis of overnight money market dynamics before the crisis and after the target federal funds rate (FFR) has been lowered to the zero lower bound (ZLB).
https://doi.org/10.17016/2380-7172.1676
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Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2015-12-21
Number: 2015-12-21