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Natural interest rates in the U.S., Canada and Mexico

Author

Listed:
  • Kan Chen
  • Nathaniel Karp

Abstract

The natural interest rate, or r-star, has been a critical determinant of monetary policy normalization in the U.S. and other countries. With the U.S. Federal Reserve expected to continue raising interest rates, central banks in other countries will have to balance the spillover effects with their own internal dynamics.

Suggested Citation

  • Kan Chen & Nathaniel Karp, 2018. "Natural interest rates in the U.S., Canada and Mexico," Working Papers 18/07, BBVA Bank, Economic Research Department.
    • Handle: RePEc:bbv:wpaper:1807
    as

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    References listed on IDEAS

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    More about this item

    Keywords

    Working Paper ; Global Economy ; USA ; Global ; Mexico;
    All these keywords.

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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