Shadow rate

The shadow rate is an interest rate in some financial models. It is used to measure the economy when nominal interest rates come close to the zero lower bound.

Source: Wikipedia — Shadow rate (CC BY-SA 4.0)

Shadow rate

The shadow rate is an interest rate in some financial models. It is used to measure the economy when nominal interest rates come close to the zero lower bound.

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Source: Wikipedia "Shadow rate" · CC BY-SA 4.0

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