Global trends in interest rates

The trend in the world real interest rate for safe and liquid assets fluctuated close to 2% for more than a century, but has dropped significantly over the past three decades. This decline has been common among advanced economies, as trends in real interest rates across countries have converged over...

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Bibliographic Details
Main Authors: Del Negro, M. (Author), Giannone, D. (Author), Giannoni, M.P (Author), Tambalotti, A. (Author)
Format: Article
Language:English
Published: Elsevier B.V. 2019
Subjects:
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