Correlations Between Real Interest Rates and Output in a Dynamic International Model : Evidence from G-7 Countries /
This paper examines the extent to which a dynamic international general equilibrium model can account for observed movements in real interest rates and interest rate differentials. Using data for Group of Seven, the study finds that measured real interest rates are countercyclical in a single countr...
Hoofdauteur: | |
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Formaat: | Tijdschrift |
Taal: | English |
Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
1998.
|
Reeks: | IMF Working Papers; Working Paper ;
No. 1998/179 |
Online toegang: | Full text available on IMF |