We examine the effect of negative nominal interest rates on bank profitability and behavior using a cross-country panel of over 5,100 banks in 27 countries. Our data set includes annual observations ...

Despite the implementation of negative nominal interest rates by several advanced economies in the last decade and the many papers that have been written about this novel policy tool, there is still ...

Yields on emerging Asian bonds after adjusting for inflation have surged versus nominal yields, raising the appeal of the region’s debt. An average of seven emerging Asian 10-year yields adjusted for ...

Nominal means unadjusted for inflation or simply a face value in finance. Nominal fees are minor compared to the main product or service cost. Market values of stocks and bonds can differ ...