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 &#...
| Автор: | |
|---|---|
| Інші автори: | |
| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2015.
|
| Серія: | IMF Working Papers; Working Paper ;
No. 2015/135 |
| Онлайн доступ: | Full text available on IMF |