A Theory of Extreme and Negative Interest Rate

4 Pages Posted: 17 Apr 2015 Last revised: 25 Feb 2021

See all articles by Hak Choi

Hak Choi

Chienkuo Technology University - Department of International Business; Chung-Hua Institution for Economic Research

Date Written: April 15, 2015

Abstract

When Choi has rediscovered that Adam Smith had long solved the interest rate mystery, this paper extends the rediscovering to work out some extreme interest rate, like the very high, the very low and even the negative one. This paper also makes interest rate theory international, and corrects some misunderstandings about price and risk.

Keywords: Interest Rate, Foreign Exchange, Finance

JEL Classification: E43, D84, F31

Suggested Citation

Choi, Hak, A Theory of Extreme and Negative Interest Rate (April 15, 2015). Available at SSRN: https://ssrn.com/abstract=2594986 or http://dx.doi.org/10.2139/ssrn.2594986

Hak Choi (Contact Author)

Chienkuo Technology University - Department of International Business ( email )

No.1, Chiehsou N. Road
Changhua City, 500
Taiwan
+886 91 901-4618 (Phone)

HOME PAGE: http://euntold.wordpress.com

Chung-Hua Institution for Economic Research ( email )

75, Changhsin St.
Taipei
Taiwan

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
484
Abstract Views
1,823
Rank
108,159
PlumX Metrics