Discussion Paper
"Low-For-Long" Interest Rates and Portfolio Shifts in Advanced Foreign Economies
Abstract: For the past several years, interest rates in many advanced economies have been at historic lows. Although low interest rates have helped support recovery in these economies, persistently low rates have also raised concerns about increased incentives for risk-taking by investors to achieve higher yields.
https://doi.org/10.17016/2573-2129.27
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Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: IFDP Notes
Publication Date: 2016-12-30