zero lower bound

The zero lower bound is one of the great myths of monetary economics.

零下限是货币经济学的一大神话.

互联网摘选

if the first row interval numbers take zero as a lower bound, then the character equation has pairs of conjugated imaginary radixes, and the system is in critical stability.

如果第一列区间数以零为下界，则特征方程有成对虚根，系统临界稳定。

互联网摘选

one reason for seeking to have a central bank reveal its own expectations about the future path of official rates is that once short rates have hit the zero lower bound, one of the few expansionary actions left on interest rates is to get long rates down.

设法让央行披露它自身对官方利率未来走势预测的一个理由是，一旦短期利率触及“零”这一下限，针对利率采取的屈指可数的扩张性措施之一便是推动长期利率走低。

互联网摘选

from a theoretical point of view, the paper expounded the choice of unconventional monetary policy under the zero lower bound and policy objectives and the transmission mechanism.

然后从理论角度对非常规货币政策做了分析，阐述了零利率下限下非常规货币政策的理论选择、政策目标和传导机制。

互联网摘选

By cutting only the deposit rate below zero, the Riksbank only partially transgressed the zero lower bound.

通过仅仅把存款准备金率降至零以下，瑞典央行只是部分突破了零下限。

互联网摘选

"with the funds rate close to the zero lower bound," stehn writes, "a spending based adjustment could not be accompanied by monetary easing unless the fed decided to adopt another asset purchase program ( which we think is highly unlikely)."

“由于联邦基金利率近于零，”斯特恩写道，“可能无法用货币宽松政策来为财政支出调整政策配套，除非美联储决定再次实施资产收购计划（我们认为这种可能性很低）。”

互联网摘选