What determines the neutral rate of interest in an emerging economy?
JA Carrillo, R Elizondo, CA Rodríguez-Pérez… - 2018 - econstor.eu
Evidence suggests that potential growth and the neutral rate co-move in advanced
economies. In contrast, this co-movement is not observed in emerging economies. We argue …
economies. In contrast, this co-movement is not observed in emerging economies. We argue …
[PDF][PDF] Neutral Interest Rate, Covid-19 Supply Shocks and Consumer Behavior Changes in Brazil
PHM Prado, CG da Silva - anpec.org.br
This article aims to estimate the Brazilian neutral interest rate for quarterly data ranging from
2003Q1 to 2023Q3. We apply a modified Holston-Laubach-Williams model that considers a …
2003Q1 to 2023Q3. We apply a modified Holston-Laubach-Williams model that considers a …
[PDF][PDF] Global Macro Paper# 3
R Bodys, M Czaplicki - 2014 - prowly-prod.s3.eu-west-1 …
• The major caveat to our NRIR model estimates is that 'China savings glut'could have
reduced China's neutral rate by less, and neutral rates in the US and Japan (and to a lesser …
reduced China's neutral rate by less, and neutral rates in the US and Japan (and to a lesser …