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The cyclical and structural determinants of the low interest rate environment

Author

Listed:
  • B. De Backer

    (National Bank of Belgium)

  • J. Wauters

    (National Bank of Belgium)

Abstract

Why interest rates are low (don’t blame the central banks too fast!), and what can be done about it.

Suggested Citation

  • B. De Backer & J. Wauters, 2017. "The cyclical and structural determinants of the low interest rate environment," Economic Review, National Bank of Belgium, issue ii, pages 69-86, september.
  • Handle: RePEc:nbb:ecrart:y:2017:m:september:i:ii:p:69-86
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    File URL: https://www.nbb.be/en/articles/cyclical-and-structural-determinants-low-interest-rate-environment
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    References listed on IDEAS

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    1. repec:nbb:ecrart:y:2017:m:september:i:iii:p:35-56 is not listed on IDEAS
    2. P. Butzen & S. Cheliout & N. Cordemans & E. De Prest & W. Melyn & L. Van Meensel & S. Van Parys, 2017. "Towards a new policy mix in the euro area ?," Economic Review, National Bank of Belgium, issue iii, pages 63-91, December.
    3. B. De Backer & M. Deroose & Ch. Van Nieuwenhuyze, 2019. "Is a recession imminent? The signal of the yield curve," Economic Review, National Bank of Belgium, issue i, pages 69-93, June.
    4. J. Boeckx & M. de Sola Perea & M. Deroose & G. de Walque & Th. Lejeune & Ch. Van Nieuwenhuyse, 2018. "What will happen when interest rates go up?," Economic Review, National Bank of Belgium, issue iii, pages 35-56, september.

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