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...
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| Diğer Yazarlar: | |
| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2019.
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| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2019/095 |
| Online Erişim: | Full text available on IMF |