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 ...
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Beste egile batzuk: | |
Formatua: | Aldizkaria |
Hizkuntza: | English |
Argitaratua: |
Washington, D.C. :
International Monetary Fund,
2015.
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Saila: | IMF Working Papers; Working Paper ;
No. 2015/135 |
Sarrera elektronikoa: | Full text available on IMF |