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Real interest rates: what accounts for their recent rise?

  • A. Steven Holland
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    File URL: http://research.stlouisfed.org/publications/review/84/12/Rates_Dec1984.pdf
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    Article provided by Federal Reserve Bank of St. Louis in its journal Review.

    Volume (Year): (1984)
    Issue (Month): Dec ()
    Pages: 18-29

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    Handle: RePEc:fip:fedlrv:y:1984:i:dec:p:18-29:n:v.66no.10
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    1. Mascaro, Angelo & Meltzer, Allan H., 1983. "Long- and short-term interest rates in a risky world," Journal of Monetary Economics, Elsevier, vol. 12(4), pages 485-518, November.
    2. Ezrati, Milton, 1982. "Inflationary Expectations, Economic Activity, Taxes, and Interest Rates: Comment," American Economic Review, American Economic Association, vol. 72(4), pages 854-57, September.
    3. Keith M. Carlson, 1982. "The mix of monetary and fiscal policies: conventional wisdom vs. empirical reality," Review, Federal Reserve Bank of St. Louis, issue Oct, pages 7-21.
    4. Martin Feldstein, 1983. "Inflation, Income Taxes, and the Rate of Interest: A Theoretical Analysis," NBER Chapters, in: Inflation, Tax Rules, and Capital Formation, pages 28-43 National Bureau of Economic Research, Inc.
    5. Martin Feldstein & Lawrence H. Summers, 1979. "Inflation, Tax Rules, and the Long Term Interest Rates," NBER Working Papers 0232, National Bureau of Economic Research, Inc.
    6. Silver, J Lew & Fackler, James S, 1982. "Inflationary Expectations, Economic Activity, Taxes, and Interest Rates: Comment," American Economic Review, American Economic Association, vol. 72(4), pages 858-59, September.
    7. John H. Makin & Vito Tanzi, 1983. "The Level and Volatility of Interest Rates in the United States: The Roles of Expected Inflation, Real Rates, and Taxes," NBER Working Papers 1167, National Bureau of Economic Research, Inc.
    8. John A. Carlson, 1977. "A Study of Price Forecasts," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 6, number 1, pages 27-56 National Bureau of Economic Research, Inc.
    9. Robert Mundell, 1963. "Inflation and Real Interest," Journal of Political Economy, University of Chicago Press, vol. 71, pages 280.
    10. Henry C. Wallich, 1984. "Recent techniques of monetary policy," Economic Review, Federal Reserve Bank of Kansas City, issue May, pages 21-30.
    11. G.J. Santoni & Courtenay C. Stone, 1982. "The Fed and the real rate of interest," Review, Federal Reserve Bank of St. Louis, issue Dec, pages 8-19.
    12. W. W. Brown & G.J. Santoni, 1983. "Monetary growth and the timing of interest rate movements," Review, Federal Reserve Bank of St. Louis, issue Aug, pages 16-25.
    13. A. Steven Holland, 1984. "Does higher inflation lead to more uncertain inflation?," Review, Federal Reserve Bank of St. Louis, issue Feb, pages 15-26.
    14. R. W. Hafer & Scott E. Hein, 1982. "Monetary policy and short-term real rates of interest," Review, Federal Reserve Bank of St. Louis, issue Mar, pages 13-19.
    15. R. W. Hafer, 1984. "The money-GNP link: assessing alternative transaction measures," Review, Federal Reserve Bank of St. Louis, issue Mar, pages 19-27.
    16. Stanley Fischer, 1980. "On Activist Monetary Policy with Rational Expectations," NBER Chapters, in: Rational Expectations and Economic Policy, pages 211-247 National Bureau of Economic Research, Inc.
    17. Darby, Michael R, 1975. "The Financial and Tax Effects of Monetary Policy on Interest Rates," Economic Inquiry, Western Economic Association International, vol. 13(2), pages 266-76, June.
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