This paper finds that the neutral interest rate has been on a downward trajectory in Morocco since the global financial …

equilibrium. This paper uses a factor model to provide a new approach to estimating 'the stars' (i.e. the neutral interest rate …

This paper estimates the neutral interest rate in the Kyrgyz Republic using a range of methodologies. Results indicate … interest rate provides useful guidance to monetary policy and enhances transparency and independence of the central bank. Our … premium, low creditor rights and contractual enforcement, and low domestic savings. The use of an estimate of the neutral …

expansionary versus contractionary monetary policy. We call this point of reference the neutral interest rate or the natural rate … of interest. Similar to potential output, the neutral interest rate is a theoretical equilibrium concept, not an … uncertainty. This essay looks at the individual factors influencing the neutral interest rate and gives an estimate for the range …

Three new measures of the Colombian output gap and the real neutral interest rate are proposed. Instead of relying only … movements along the sample. The neutral interest rate computed indicates that the monetary policy stance has been overall …

In this paper two new measures of the Colombian output gap and the real neutral interest rate are proposed. Instead of … precede its movements along the sample. The neutral interest rate computed indicates that the monetary policy stance has been …

In this paper two new measures of the Colombian output gap and the real neutral interest rate are proposed. Instead of … precede its movements along the sample. The neutral interest rate computed indicates that the monetary policy stance has been …