The information content of the neutral rate of interest : the case of Poland/ created by

By:

Brzoza-Brzezina, Michał [author]

Material type: Text

TextSeries: Economics of transition ; Volume 14, number 2Oxford: Blackwell Publishing, 2006Content type:

text

Media type:

unmediated

Carrier type:

volume

ISSN:

09670750

Subject(s):

Interest rate -- Anti-inflation policy -- Theory -- Poland

LOC classification:

HC244 ECO

Online resources:

Click here to access online

Abstract: The concept of the neutral rate of interest has recently received much attention from economists. In this paper, we estimate the neutral rate of interest in Poland. We show how it can yield important information for a central banker. In particular, estimation of the neutral rate can be helpful for monetary authorities seeking to stabilize inflation after a long process of disinflation. We also suggest possible explanations for the relatively high level of the neutral rate in Poland.

Reviews from LibraryThing.com:

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings
Item type	Current library	Call number	Vol info	Copy number	Status	Notes	Date due	Barcode
Journal Article	Main Library - Special Collections	HC244 ECO (Browse shelf(Opens below))	Vol. 14, no.2 (pages 391-412)	SP667	Not for loan	For in house use only

Browsing Main Library shelves, Shelving location: - Special Collections Close shelf browser (Hides shelf browser)

Previous	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	Next
Previous	HC244 ECO Regional unemployment and its persistence in transition countries/	HC244 ECO Monopolistic wages or efficient contracts?: what determined the wage–employment bargain in post-privatization Bulgaria/	HC244 ECO The impact of privatization on firm performance in a transition economy : the case of Vietnam/	HC244 ECO The information content of the neutral rate of interest : the case of Poland/	HC244 ECO Income mobility of individuals in China and the United States/	HC244 ECO Partial privatization and yardstick competition: evidence from employment dynamics in Bangladesh/	HC244 ECO Constitutionalism and credibility in reforming economies/	Next

The concept of the neutral rate of interest has recently received much attention from economists. In this paper, we estimate the neutral rate of interest in Poland. We show how it can yield important information for a central banker. In particular, estimation of the neutral rate can be helpful for monetary authorities seeking to stabilize inflation after a long process of disinflation. We also suggest possible explanations for the relatively high level of the neutral rate in Poland.

There are no comments on this title.

to post a comment.

here