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The natural rate of interest: information derived from a shadow rate model
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References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 2016Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound1,840 cited
  • 2007The U.S. Treasury yield curve: 1961 to the present1,337 cited
  • 2003Measuring the Natural Rate of Interest1,062 cited
  • 2014U.S. Economic Prospects: Secular Stagnation, Hysteresis, and the Zero Lower Bound1,032 cited
  • 2008A Macro‐Finance Model of the Term Structure, Monetary Policy and the Economy556 cited
  • 1995Interest Rates as Options428 cited
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  • 2017Safety, Liquidity, and the Natural Rate of Interest353 cited
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  • 2014Estimating Shadow-Rate Term Structure Models with Near-Zero Yields171 cited
  • 2009An arbitrage‐free generalized Nelson–Siegel term structure model162 cited
  • 2014

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Has U.S. monetary policy tracked the efficient interest rate?
138 cited

Cited by

  • 2021Natural Rate Chimera and Bond Pricing Reality10 cited