[PDF] Top 20 On "Secular stagnation" and the equilibrium real interest rate

... analysis, the lowering of the real policy rates in industrial countries in the years prior to the crisis were normal responses to the perception (by the authorities) of ... See full document

... (via the parameter b ) is modified by the Phillips curve and monetary rule ..., the more responsive is inflation to the output gap (higher α ) and the more averse to ... See full document

... ex-post real interest rates using again data from the International Finance Statistics from IMF to obtain nominal interest rates, and deflating with the 12 month accumulated ... See full document

... from the effect of government defi cits on interest rates are inconclusive because there is some support for the crowding-out hypothesis, whereas crowding-in may overwhelm in the short ... See full document

... by the two-state model that sometimes there exists distinction on variance among ...derived on whether RER volatility may be higher in depreciation vis-à-vis appreciation regimes (or vice-versa) some ... See full document

... – The effects of solvent-to-feed (S) and temperature (T) on the kinetics and thermodynamics of the microwave assisted extraction (MAE) of flavonoids from dried fruits of ... See full document

... examined the effects of interest rate deregulation on agricultural finance and growth in ...Nigeria. The study specifically ascertained the factors that determine ... See full document

... On the other hand, the interpretation of the ascending part stems from the fact that developing countries have their export mainly based on agricultural and mineral ... See full document

... at the other fiscal variables we observe that Debt/GDP has a strong and positive impact on Latin America ...of the possible reasons is that government debt in foreign currency accounts for ... See full document

... Miranda and Muinhos (2003) sought to determine the equilibrium interest rate for a sam- ple of different countries, placing special emphasis on Brazil, through different ... See full document

... underlies the NKISC states that expected consumption increases (decreases) when the current interest rate increases ...depend on the real rate of interest ... See full document

... Real interest rates in Brazil are still high in any international comparison, even considered that they have declined significantly in the last few ...years. The main purpose of this paper is ... See full document

... model inflation as a function of the levei of the real interest rate, and nominal. interest rate as a function of past inflation[r] ... See full document

... Although the impact of age structure in relevant World economies has been a recur- rent topic covered in recent literature, in particular to explain the persistent decline of interest rates ... See full document

... pressure on interest rates. In the loans market supply side, financial crisis increase the need and propensity for households, companies, and financial institutions to invest in ... See full document

... affect the equilibrium real interest rate through three ...pressure on the real interest rate, as agents build up their savings in anticipation of a ... See full document

... change the volume of private savings as defined in the national ...to the left in the IS line, but rather a shift to the right in the BP ...an equilibrium position with a ... See full document

... speech the issue involving the level of interest rates in the future was dealt with in just four ...But the author’s ideas were expressed very ...5). The first reason was that ... See full document

... in the crises regime is due to the fact that inflation is measured in % per month, while the interest rate is measured in % per ...All the coefficients in the second regime ... See full document

... (Barradas and Lagoa, 2017). Secondly, the analysis covers the period where financialisation becomes more preponderant in Portugal (Barradas et ...that the majority of empirical studies ... See full document