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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Ruxandra Teodoru, Iulia
Outros autores: Toktonalieva, Asel
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2020.
Series:IMF Working Papers; Working Paper ; No. 2020/087
Acceso en liña:Full text available on IMF