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 ...
מחבר ראשי: | |
---|---|
מחברים אחרים: | |
פורמט: | כתב-עת |
שפה: | English |
יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2015.
|
סדרה: | IMF Working Papers; Working Paper ;
No. 2015/135 |
גישה מקוונת: | Full text available on IMF |