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Negative policy interest rates and exchange rate behavior: Further results

Research output: Contribution to journal › Article › peer-review

Standard Standard

Negative policy interest rates and exchange rate behavior: Further results. / Thornton, John; Vasilakis, Chrysovalantis.
In: Finance Research Letters, Vol. 29, 06.2019, p. 61-67.

Research output: Contribution to journal › Article › peer-review

HarvardHarvard

Thornton, J & Vasilakis, C 2019, 'Negative policy interest rates and exchange rate behavior: Further results', Finance Research Letters, vol. 29, pp. 61-67. https://doi.org/10.1016/j.frl.2019.03.023

APA

Thornton, J., & Vasilakis, C. (2019). Negative policy interest rates and exchange rate behavior: Further results. Finance Research Letters, 29, 61-67. https://doi.org/10.1016/j.frl.2019.03.023

CBE

Thornton J, Vasilakis C. 2019. Negative policy interest rates and exchange rate behavior: Further results. Finance Research Letters. 29:61-67. https://doi.org/10.1016/j.frl.2019.03.023

MLA

Thornton, John and Chrysovalantis Vasilakis. "Negative policy interest rates and exchange rate behavior: Further results". Finance Research Letters. 2019, 29. 61-67. https://doi.org/10.1016/j.frl.2019.03.023

VancouverVancouver

Thornton J, Vasilakis C. Negative policy interest rates and exchange rate behavior: Further results. Finance Research Letters. 2019 Jun;29:61-67. Epub 2019 Mar 12. doi: 10.1016/j.frl.2019.03.023

Author

Thornton, John ; Vasilakis, Chrysovalantis. / Negative policy interest rates and exchange rate behavior: Further results. In: Finance Research Letters. 2019 ; Vol. 29. pp. 61-67.

RIS

TY - JOUR

T1 - Negative policy interest rates and exchange rate behavior: Further results

AU - Thornton, John

AU - Vasilakis, Chrysovalantis

PY - 2019/6

Y1 - 2019/6

N2 - Since 2012, seven central banks sought have additional monetary policy accommodation through the adoption of negative policy interest rates (NPIR). The policy resulted in a significant reduction in exchange rate volatility and weaker exchange rates in NIRP-adopter countries relative countries that did not adopt the policy.

AB - Since 2012, seven central banks sought have additional monetary policy accommodation through the adoption of negative policy interest rates (NPIR). The policy resulted in a significant reduction in exchange rate volatility and weaker exchange rates in NIRP-adopter countries relative countries that did not adopt the policy.

KW - Difference in difference estimation

KW - Exchange rate behavior

KW - Negative policy interest rates

U2 - 10.1016/j.frl.2019.03.023

DO - 10.1016/j.frl.2019.03.023

M3 - Article

VL - 29

SP - 61

EP - 67

JO - Finance Research Letters

JF - Finance Research Letters

SN - 1544-6123

ER -