To Cut or Not to Cut? : That is the (Central Bank's) Question In Search of the Neutral Interest Rate in Latin America /

This paper estimates neutral real interest rate (NRIR) ranges for 10 Latin American countries that either have full-fledged inflation targeting regimes in place or have recently adopted them, using an array of methodologies commonly used in the literature. We find that NRIRs have declined in the las...

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Bibliografiska uppgifter
Huvudupphovsman: Magud, Nicolas
Övriga upphovsmän: Tsounta, Evridiki
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2012.
Serie:IMF Working Papers; Working Paper ; No. 2012/243
Länkar:Full text available on IMF