Perspectives on low global interest rates /
This paper looks at the dramatic decline in global real interest rates in recent years from a historical perspective and examines the various factors that may account for this trend. We show that current levels of real interest rates on long-term bonds in advanced economies are not low by historical...
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Main Authors: | , |
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Corporate Author: | |
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Format: | Book |
Language: | English |
Published: |
[Washington, D.C.] :
International Monetary Fund, Research Dept.,
c2006
[Washington, D.C.] : ©2006 |
Series: | IMF working paper ;
WP/06/76 |
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