000 01999cam a22003497 4500
001 w19887
003 NBER
005 20211020110015.0
006 m o d
007 cr cnu||||||||
008 210910s2014 mau fo 000 0 eng d
100 1 _aKing, Mervyn.
245 1 0 _aMeasuring the ''World'' Real Interest Rate /
_cMervyn King, David Low.
260 _aCambridge, Mass.
_bNational Bureau of Economic Research
_c2014.
300 _a1 online resource:
_billustrations (black and white);
490 1 _aNBER working paper series
_vno. w19887
500 _aFebruary 2014.
520 3 _aOver the past couple of decades, and especially since the financial crisis in 2008-09, real interest rates have collapsed. For much of the past two years they have been negative, but they have been trending down for some while. But how far have real rates fallen? This note computes a measure of the "world" real interest rate and, where possible, a measure of the implied future real rate. It also makes public our estimates of the "world" real interest rate so they can be used by other researchers.
530 _aHardcopy version available to institutional subscribers
538 _aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538 _aMode of access: World Wide Web.
588 0 _aPrint version record
690 7 _aE4 - Money and Interest Rates
_2Journal of Economic Literature class.
690 7 _aE43 - Interest Rates: Determination, Term Structure, and Effects
_2Journal of Economic Literature class.
690 7 _aG12 - Asset Pricing • Trading Volume • Bond Interest Rates
_2Journal of Economic Literature class.
700 1 _aLow, David.
710 2 _aNational Bureau of Economic Research.
830 0 _aWorking Paper Series (National Bureau of Economic Research)
_vno. w19887.
856 4 0 _uhttps://www.nber.org/papers/w19887
856 _yAcceso en lĂ­nea al DOI
_uhttp://dx.doi.org/10.3386/w19887
942 _2ddc
_cW-PAPER
999 _c328237
_d286799