... to jointly estimate the natural real interest rate and the output gap in the euro area over the past 40 years Our results suggest that the natural rate of interest has declined gradually over the ... the real interest rate gap and the output gap than univariate time -series methods Figure compares the baseline estimates of the natu...
Ngày tải lên: 22/03/2014, 23:20
... December 1983 and as having a managed ‡ oat since 1974, and New Zealand is de…ned as having a managed ‡ oat since 1985 and a de facto moving band around the Australian dollar between 1973 and 1985 ... has been a special interest in the link between exchange rates and interest rates in both advanced and developing countries This is understandable, given...
Ngày tải lên: 22/03/2014, 23:20
The teacher''s magazine (no 100) - 100 issue! english language timeline
Ngày tải lên: 07/07/2015, 22:53