Estimating the Neutral Interest Rate in the Kyrgyz Republic /

This paper estimates the neutral interest rate in the Kyrgyz Republic using a range of methodologies. Results indicate that the real neutral rate is about 4 percent based on an average of models and 3.7 percent based on a Quarterly Projection Model. This is higher than in many emerging markets and i...

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Bibliographic Details
Main Author: Ruxandra Teodoru, Iulia
Other Authors: Toktonalieva, Asel
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2020.
Series:IMF Working Papers; Working Paper ; No. 2020/087
Online Access:Full text available on IMF