Measuring the equilibrium real interest rate

Alejandro Justiniano and Giorgio Primiceri

Economic Perspectives, 2010, vol. 34, issue Q I, 14-27

Abstract: The equilibrium real interest rate represents the real rate of return required to keep the economy?s output equal to potential output. This article discusses how to measure the equilibrium real interest rate, using an empirical structural model of the economy.

Keywords: Interest rates; Monetary policy (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (23)

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