Estimating the Neutral Interest Rate in the Kyrgyz Republic

Nopic
This paper estimates the neutral interest rate in the Kyrgyz Republic using a range of methodologies. Results indicate that the real neutral rate is about 4 percent based on an average of models and 3.7 percent based on a Quarterly Projection Model. This is higher than in many emerging markets and is likely explained by higher public debt and an... READ MORE...

Publication date: June 2020
ISBN 9781513536934
$18.00

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Publication date: June 2020

English