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The changing nature of real interest rates: Will positive values become the norm again?

In: Capital flows, exchange rates and financial conditions in EMEs in an evolving international monetary system

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  • Central Bank of Hungary

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  • Central Bank of Hungary, 2026. "The changing nature of real interest rates: Will positive values become the norm again?," BIS Papers chapters, in: Bank for International Settlements (ed.), Capital flows, exchange rates and financial conditions in EMEs in an evolving international monetary system, volume 127, pages 158-173, Bank for International Settlements.
  • Handle: RePEc:bis:bisbpc:171-09
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    File URL: https://www.bis.org/publ/bppdf/bispap171_i.pdf
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    References listed on IDEAS

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    1. Holston, Kathryn & Laubach, Thomas & Williams, John C., 2017. "Measuring the natural rate of interest: International trends and determinants," Journal of International Economics, Elsevier, vol. 108(S1), pages 59-75.
    2. Thomas Laubach & John C. Williams, 2003. "Measuring the Natural Rate of Interest," The Review of Economics and Statistics, MIT Press, vol. 85(4), pages 1063-1070, November.
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