Time-Varying Neutral Interest Rate-The Case of Brazil /

Emerging markets have experienced a sizeable decline in their neutral real interest rates until recently. In this paper we try to identify the main factors that contributed to it, with a focus on Brazil. We estimate an interval for Brazil's time-varying neutral rate based on a range of structur...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Perrelli, Roberto
Weitere Verfasser: Roache, Shaun
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2014.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2014/084
Online Zugang:Full text available on IMF