Official Demand for U.S. Debt : Implications for U.S. Real Interest Rates /

By constructing and estimating a structural arbitrage-free model of demand pressures on US real rates, we find that recent purchases of US government debt securities by the Fed and foreign officials have significantly affected the level and the dynamics of US real rates. In particular, by 2008, fore...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Kaminska, Iryna
مؤلفون آخرون: Zinna, Gabriele
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2014.
سلاسل:IMF Working Papers; Working Paper ; No. 2014/066
الوصول للمادة أونلاين:Full text available on IMF