According to mainstream economists, inflation aids economic growth while deflation impairs growth. Austrian economists, ...

We examine the effect of negative nominal interest rates on bank profitability and behavior using a cross-country panel of over 5,100 banks in 27 countries. Our data set includes annual observations ...

Despite the implementation of negative nominal interest rates by several advanced economies in the last decade and the many papers that have been written about this novel policy tool, there is still ...

Discover how Federal Reserve interest rate moves affect small business borrowing, cash flow, and growth, plus strategic steps ...