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 &#...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Pescatori, Andrea
अन्य लेखक: Turunen, Jarkko
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2015.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2015/135
ऑनलाइन पहुंच:Full text available on IMF