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...

Description complète

Détails bibliographiques
Auteur principal: Catao, Luis
Autres auteurs: Mackenzie, George
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2006.
Collection:IMF Working Papers; Working Paper ; No. 2006/076
Accès en ligne:Full text available on IMF