Monetary Policy Regime Shifts and the Unusual Behavior of Real Interest Rates
收藏NBER1985-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1678
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资源简介：
A striking phenomenon of the early 1980s is the climb in real interest rates to levels unprecedented in the post-World War II period. In order to understand this phenomenon, this paper investigates the nature and timing of shifts in the real rate process to determine if the recent unusual behavior
20世纪80年代初出现了一个引人注目的现象：实际利率（real interest rates）攀升至二战后前所未有的水平。为理解这一现象，本文考察了实际利率过程变动的性质与时机，以判断近期的异常表现是否
提供机构：
美国国家经济研究局
创建时间：
1985-08-01
