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Zero Lower Bound Term Structure Modeling

Zero Lower Bound Term Structure Modeling

A Practitioner’s Guide

Nominal yields on government debt in several countries have fallen very near their zero lower bound (ZLB), causing a liquidity trap and limiting the capacity to stimulate economic growth. This book provides a comprehensive reference to ZLB structure modeling in an applied setting.

janvier 2015, env. 409 pages, Applied Quantitative Finance, Anglais
Springer EN
978-1-137-40832-7

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