Reading the Stars

Reading the Stars
Following the global financial crisis, significant uncertainty has existed around the U.S. economy’s steady state equilibrium. This paper uses a factor model to provide a new approach to estimating “the stars” (i.e. the neutral interest rate, maximum employment, and the level and growth rate of potential output) that are most consistent with a... READ MORE...

Publication date: July 2020
ISBN 9781513550916
$18.00

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Publication date: July 2020

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