Journal Article

Measuring the equilibrium real interest rate


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.

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Economic Perspectives

Publication Date: 2010

Volume: 34

Issue: Q I

Pages: 14-27