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 &#...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Pescatori, Andrea
Muut tekijät: Turunen, Jarkko
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2015.
Sarja:IMF Working Papers; Working Paper ; No. 2015/135
Linkit:Full text available on IMF