Finance and Economics Discussion Series Divisions of Research & Statistics and Monetary Aairs Federal Reserve Board, Washington, D.C. Measuring the Natural Rate of Interest Redux

By Thomas Laubach, John C. Williams. 2016

322 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/2a21fe2b0d632038f0135c6629cf6bff40e3069f

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

1. Michael Ehrmann
2. Jakob de Haan
3. Alan S. Blinder
4. D. Jansen
5. Marcel Fratzscher
6. Blaise Melly
7. Jan-Egbert Sturm
8. C. Binder

Citations in the corpus

• Necessity As the Mother of Invention: Monetary Policy after the Crisis (2017, background): “Well-known estimates by Laubach and Williams (2015) suggest that the natural rate in the U.S. fluctuates over time but exhibits a downward trend, reaching about 2 per cent in 2007 and plummeting to zero (where it remains) by 2010.”
• Some Evidence on Secular Drivers of US Safe Real Rates (2017, unknown): “The well known Laubach and Williams (2003, 2016) model for the natural rate of interest relies in large measure on (2.3).”