The negative interest rate policy in the euro area and the supply of bank loans
研究了欧元区负利率政策下银行仍对存款支付正利率的原因，以及这对企业获得银行贷款可能意味着什么。
Despite having a policy rate in negative territory for more than three years now, euro area banks are still paying positive interest rates on customers’ deposits. What explains this? And what can it imply for the access to bank loans?