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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Bibliographic Details
Main Authors: Catão, Luis (Author), MacKenzie, George A. (Author)
Corporate Author: International Monetary Fund Research Department
Other Authors: Mackenzie, G. A (George A.), 1950-
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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