Reading the Stars /

Following the global financial crisis, significant uncertainty has existed around the U.S. economy's steady state equilibrium. This paper uses a factor model to provide a new approach to estimating 'the stars' (i.e. the neutral interest rate, maximum employment, and the level and grow...

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Autor principal: Williams, Peter
Altres autors: Abdih, Yasser, Kopp, Emanuel
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2020.
Col·lecció:IMF Working Papers; Working Paper ; No. 2020/136
Accés en línia:Full text available on IMF