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...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Perrelli, Roberto
Kolejni autorzy: Roache, Shaun
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2014.
Seria:IMF Working Papers; Working Paper ; No. 2014/084
Dostęp online:Full text available on IMF