Globalization, Market Power, and the Natural Interest Rate /

We argue that strong globalization forces have been an important determinant of global real interest rates over the last five decades, as they have been key drivers of changes in the natural real interest rate-i.e. the interest rate consistent with output at its potential and constant inflation. An...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Natal, Jean-Marc
مؤلفون آخرون: Stoffels, Nicolas
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2019.
سلاسل:IMF Working Papers; Working Paper ; No. 2019/095
الوصول للمادة أونلاين:Full text available on IMF