Analysis Of The Effects Of Negative Interest Rate Policy On Economic Growth In Developed Countries

In order to restore economic growth,a number of central banks in developed countries have introduced negative interest rate policy,it has a significant impact around the world.The "negative interest rate" seems to have arrived.The distorted interest rate has become the normalization,and the study of which is necessary.Negative interest rate polic ies of major countries are currently in place in developed countries,during the research of negative interest rates in developed countries polic ies context,analys is of the reason and whether they could have an impact on the economy,we can not only understand the status and impact of negative interest rates in developed countries,can explore the rule and the way forward for further discussion on negative interest rates,but also provide a certain amount of experience for the existence of negative interest rates area.During the description,comparing similarities and differences and the reasons of negative interest rates in developed countries,we use the data description and trend analysis method to display the imposition of negative interest rate policy after the change,and select as a the euro area study of target,all the indicators of relative index vector are used in vector auto-regression for economic growth and an evidence conclusion: smaller contribution of nominal negative interest rates for the euro GDP growth.From the relative index of emp irical research and absolute number of charts to show the results that the negative effects of interest rate policy on economic growth in developed countries was worse than expected,so this paper discusses the depth reasons.Thus the author advises "reindustrialization" for developed countries,reinventing industrial status of an entity,as well as on the experience of China’s Marketisation reform of interest rate.