Perspectives on low global interest rates / prepared by Luis, Catão and George A. (Sandy) Mackenzie.

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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Bibliographic Details

Online Access:	Full Text (via ProQuest)
Main Authors:	Catão, Luis (Author), MacKenzie, George A. (Author)
Corporate Author:	International Monetary Fund. Research Department
Format:	eBook
Language:	English
Published:	[Washington, D.C.] : International Monetary Fund, Research Dept., ©2006.
Series:	IMF working paper (Online) ; WP/06/76.
Subjects:	Interest rates > Econometric models. Saving and investment > Econometric models.