Estimating the natural rate of interest in an open economy
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DOI: 10.1007/s00181-017-1315-5
Abstract: The concept of the natural or equilibrium rate of interest has attracted a lot of attention from monetary policymakers in recent years. Most attempts to estimate the natural rate use a closed-economy framework. We argue… read more here.
Keywords: open economy; rate interest; rate; natural rate ... See more keywords
The natural rate of interest: information derived from a shadow rate model
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DOI: 10.1080/00036846.2020.1757029
Abstract: ABSTRACT The study proposes an estimation method of the natural rate of interest based on the shadow rate term structure of interest rates model and using information from nominal yields data. For the purpose of… read more here.
Keywords: natural rate; interest; rate model; rate ... See more keywords