Global Natural Rates in the Long Run: Postwar Macro Trends and the Market-Implied r* in 10 Advanced Economies

Josh Davis, Cristian Fuenzalida, Leon Huetsch, Benjamin Mills & Alan M. Taylor
Published Date
Copyright 2024
DOI 10.1016/j.jinteco.2024.103919
CONFERENCE HELD June 22-23, 2023
Book: NBER International Seminar on Macroeconomics 2023
Book organizers: Jeffrey A. Frankel & Hélène Rey
PUBLISHER: Elsevier, Journal of International Economics, Volume 149
Series: NBER International Seminar on Macroeconomics

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  • Josh Davis, Cristian Fuenzalida, Leon Huetsch, Benjamin Mills, and Alan M. Taylor, NBER International Seminar on Macroeconomics 2023 (Elsevier, Journal of International Economics, Volume 149, 2023), https://www.nber.org/books-and-chapters/nber-international-seminar-macroeconomics-2023/global-natural-rates-long-run-postwar-macro-trends-and-market-implied-r-10-advanced-economies.

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Topics

Econometrics
Estimation Methods
Macroeconomics
Money and Interest Rates
Financial Economics
Portfolio Selection and Asset Pricing

Published From Paper

Global Natural Rates in the Long Run: Postwar Macro Trends and the Market-Implied r* in 10 Advanced Economies
- Working Paper
Benchmark finance and macroeconomic models appear to deliver conflicting estimates of the natural rate and bond risk...

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