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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Magud, Nicolas
Weitere Verfasser: Tsounta, Evridiki
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2012.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2012/243
Online Zugang:Full text available on IMF