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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Perrelli, Roberto
Beste egile batzuk: Roache, Shaun
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2014.
Saila:IMF Working Papers; Working Paper ; No. 2014/084
Sarrera elektronikoa:Full text available on IMF