Perspectiveson Low Global Interest Rates /

This paper looks at the dramatic decline in global real interest rates in recent years from a historical perspective and examines the various factors that may account for this trend. We show that current levels of real interest rates on long-term bonds in advanced economies are not low by historical...

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Dettagli Bibliografici
Autore principale: Catao, Luis
Altri autori: Mackenzie, George
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2006.
Serie:IMF Working Papers; Working Paper ; No. 2006/076
Accesso online:Full text available on IMF