Is the fact that the yen interest rates shown never drop


Figure 14-2 shows that Japan's short-term interest rates have had periods during which they are near or equal to zero. Is the fact that the yen interest rates shown never drop below zero a coincidence, or can you think of some reason why interest rates might be bounded below by zero?

671_f8637673-16c6-4d43-ad28-7b0a66aa132f.png

Request for Solution File

Ask an Expert for Answer!!
Econometrics: Is the fact that the yen interest rates shown never drop
Reference No:- TGS01519182

Expected delivery within 24 Hours