https://www.imf.org/en/publications/wp/issues/2016/12/30/the-zero-interest-rate-floor-zif-and-its-implications-for-monetary-policy-in-japan-15474
This paper uses the IMF's macroeconomic model MULTIMOD to examine the implications of the zero-interest-rate floor (ZIF) for the design of monetary policy in...
interest rate floorzerozifimplications