Economics, Econometrics and Finance
4 years ago

Monetary Policy Faces Challenges with Natural Rate of Interest Estimates

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SSRN Electronic Journal
The Natural Rate of Interest: Estimates, Drivers, and Challenges to Monetary Policy
Claus Brand, Marcin Bielecki, Adrian Penalver

Paper Summary

The article discusses the natural rate of interest, estimating its value, identifying factors that influence it, and exploring challenges for monetary policy.

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