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Perspectives on low global interest rates /

This paper looks at the dramatic decline in global real interest rates in recent years from a historical perspective and examines the various factors that may account for this trend. We show that current levels of real interest rates on long-term bonds in advanced economies are not low by historical...

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Détails bibliographiques
Cote:Libro Electrónico
Auteurs principaux: Catão, Luis (Auteur), MacKenzie, George A. (Auteur)
Collectivité auteur: International Monetary Fund. Research Department
Format: Électronique eBook
Langue:Inglés
Publié: [Washington, D.C.] : International Monetary Fund, Research Dept., ©2006.
Collection:IMF working paper ; WP/06/76.
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Accès en ligne:Texto completo