Secular Drivers of the Natural Rate of Interest in the United States : A Quantitative Evaluation /

Secular Drivers of the Natural Rate of Interest in the United States : A Quantitative Evaluation /

We develop a heterogeneous agent, overlapping generations model with nonhomothetic preferences that nests several explanations for the decline in the natural rate of interest (r*) suggested in the literature: demographic change, a slowdown in productivity growth, a rise in income inequality, and pub...

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Bibliografiske detaljer
Hovedforfatter:	Platzer, Josef
Andre forfattere:	Peruffo, Marcel
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 2022.
Serier:	IMF Working Papers; Working Paper ; No. 2022/030
Fag:	Interest Rates Macroeconomic Policy and Macroeconomic Aspects of Public Finance Macroeconomics Personal Income, Wealth and Their Distributions Saving Wealth China, People's Republic of
Online adgang:	Full text available on IMF

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