Lower for Longer : Neutral Rates in the United States /
We use a semi structural model to estimate neutral rates in the United States. Our Bayesian estimation incorporates prior information on the output gap and potential output (based on a production function approach) and accounts for unconventional monetary policies at the ZLB by using estimates of &#...
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | |
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2015.
|
| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2015/135 |
| Online Zugang: | Full text available on IMF |