Journal of Economic Perspectives—Volume 31, Number 4—Fall 2017—Pages 229–236 Timothy Taylor his section will list readings that may be especially useful to teachers of undergraduate economics, as well as other articles that are of broader T cultural interest. In general, with occasional exceptions, the articles chosen will be expository or integrative and not focus on original research. If you write or read an appropriate article, please send a copy of the article (and possibly a few sentences describing it) to Timothy Taylor, preferably by email at taylort@ macalester.edu, or c/o Journal of Economic Perspectives, Macalester College, 1600 Grand Ave., St. Paul, MN 55105. Smorgasbord The IMF has issued a staff report on the topic of “Negative Interest Rate Policies—Initial Experiences and Assessments.” “There is some evidence of a decline in loan and bond rates following the implementation of NIRPs [negative interest rate policies]. Banks’ profit margins have remained mostly unchanged. And there have not been significant shifts to physical cash. That said, deeper cuts are likely to entail diminishing returns, as interest rates reach their ‘true’ lower bound (at which point agents shift into cash holdings). And pressure on banks may prove greater; ■ Timothy Taylor is Managing Editor, Journal of Economic
Journal of Economic Perspectives – American Economic Association
Published: Nov 1, 2017
Read as many articles as you need. Full articles with original layout, charts and figures. Read online, from anywhere.
Keep up with your field with Personalized Recommendations and Follow Journals to get automatic updates.
It’s easy to organize your research with our built-in tools.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera