00000nam 2200000zi 4500 9.902888 CaOODSP 20221107180104 m o d f cr |n||||||||| 210826t20212021oncd ob f|0| 0 eng d CaOODSP eng rda CaOODSP eng fre n-cn--- FB3-5/2021-27E-PDF Beaudry, Paul, author. Monetary policy, trends in real interest rates and depressed demand / by Paul Beaudry and Césaire A. Meh. Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2021. ©2021 1 online resource (ii, 63 pages) : charts. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2021-27 "Last updated: August 16, 2021." Includes bibliographical references (pages 43-45). "Over the last few decades, real interest rates have trended downward in many countries. The most common explanation is that this reflects depressed demand due to demographic, technological and other real factors such as income inequality. In this paper we explore the claim that these trends may have been amplified by certain features of monetary policy"--Abstract, page ii. Includes abstract in French. Interest rates Econometric models. Monetary policy Econometric models. Taux d'intérêt Modèles économétriques. Politique monétaire Modèles économétriques. Bank of Canada, issuing body. Staff working paper (Bank of Canada) 2021-27. (CaOODSP)9.806221 PDF 1.38 MB https://publications.gc.ca/collections/collection_2021/banque-bank-canada/FB3-5-2021-27-eng.pdf