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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Detaylı Bibliyografya
Yazar: Pescatori, Andrea
Diğer Yazarlar: Turunen, Jarkko
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2015.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2015/135
Online Erişim:Full text available on IMF