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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Autor principal: Magud, Nicolas
Altres autors: Tsounta, Evridiki
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2012.
Col·lecció:IMF Working Papers; Working Paper ; No. 2012/243
Accés en línia:Full text available on IMF