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Does monetary policy transmission weaken at low interest rates? Nonlinear effects of the federal funds rate on GDP and prices

Balázs Vonnák

DOI 10.1016/j.econmod.2026.107752 • October 01, 2026 • DOI: 10.1016/j.econmod.2026.107752

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DOI: 10.1016/j.econmod.2026.107752