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Can the ECB negative interest rate induce banks to lend more to each other? (Etude)

Negativerateres1 Ac7

  FRENCH version follows the ENGLISH version here-below // Version française à la suite de la version anglaise   I thank Peter Stella and Jézabel Couppey-Soubeyran for feedback and insightfull discussions. Opinions are my own.   Highlights: – It is recognized by many economists that a negative interest rate is not a tool aiming at « inducing banks to […]