Official Demand for U.S. Debt : Implications for U.S. Real Interest Rates /

By constructing and estimating a structural arbitrage-free model of demand pressures on US real rates, we find that recent purchases of US government debt securities by the Fed and foreign officials have significantly affected the level and the dynamics of US real rates. In particular, by 2008, fore...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Kaminska, Iryna
מחברים אחרים: Zinna, Gabriele
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2014.
סדרה:IMF Working Papers; Working Paper ; No. 2014/066
גישה מקוונת:Full text available on IMF