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Real interest rates: what accounts for their recent rise?

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  • A. Steven Holland

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  • A. Steven Holland, 1984. "Real interest rates: what accounts for their recent rise?," Review, Federal Reserve Bank of St. Louis, vol. 66(Dec), pages 18-29.
    • Handle: RePEc:fip:fedlrv:y:1984:i:dec:p:18-29:n:v.66no.10
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    References listed on IDEAS

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    1. Silver, J Lew & Fackler, James S, 1982. "Inflationary Expectations, Economic Activity, Taxes, and Interest Rates: Comment," American Economic Review, American Economic Association, vol. 72(4), pages 858-859, September.
    2. Martin Feldstein & Lawrence Summers, 1983. "Inflation, Tax Rules, and the Long-term Interest Rate," NBER Chapters, in: Inflation, Tax Rules, and Capital Formation, pages 153-185, National Bureau of Economic Research, Inc.
    3. Rik Hafer & Scott E. Hein, 1982. "Monetary policy and short-term real rates of interest," Review, Federal Reserve Bank of St. Louis, vol. 64(Mar), pages 13-19.
    4. A. Steven Holland, 1984. "Does higher inflation lead to more uncertain inflation?," Review, Federal Reserve Bank of St. Louis, vol. 66(Feb), pages 15-26.
    5. G. J. Santoni & Courtenay C. Stone, 1982. "The Fed and the real rate of interest," Review, Federal Reserve Bank of St. Louis, vol. 64(Dec), pages 8-19.
    6. Stanley Fischer, 1980. "On Activist Monetary Policy with Rational Expectations," NBER Chapters, in: Rational Expectations and Economic Policy, pages 211-247, National Bureau of Economic Research, Inc.
    7. Ezrati, Milton, 1982. "Inflationary Expectations, Economic Activity, Taxes, and Interest Rates: Comment," American Economic Review, American Economic Association, vol. 72(4), pages 854-857, September.
    8. Darby, Michael R, 1975. "The Financial and Tax Effects of Monetary Policy on Interest Rates," Economic Inquiry, Western Economic Association International, vol. 13(2), pages 266-276, June.
    9. Martin Feldstein, 1983. "Inflation, Income Taxes, and the Rate of Interest: A Theoretical Analysis," NBER Chapters, in: Inflation, Tax Rules, and Capital Formation, pages 28-43, National Bureau of Economic Research, Inc.
    10. John A. Carlson, 1977. "A Study of Price Forecasts," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 6, number 1, pages 27-56, National Bureau of Economic Research, Inc.
    11. Robert Mundell, 1963. "Inflation and Real Interest," Journal of Political Economy, University of Chicago Press, vol. 71(3), pages 280-280.
    12. Keith M. Carlson, 1982. "The mix of monetary and fiscal policies: conventional wisdom vs. empirical reality," Review, Federal Reserve Bank of St. Louis, vol. 64(Oct), pages 7-21.
    13. W. W. Brown & G. J. Santoni, 1983. "Monetary growth and the timing of interest rate movements," Review, Federal Reserve Bank of St. Louis, vol. 65(Aug), pages 16-25.
    14. Mascaro, Angelo & Meltzer, Allan H., 1983. "Long- and short-term interest rates in a risky world," Journal of Monetary Economics, Elsevier, vol. 12(4), pages 485-518, November.
    15. Henry C. Wallich, 1984. "Recent techniques of monetary policy," Economic Review, Federal Reserve Bank of Kansas City, vol. 69(May), pages 21-30.
    16. Stanley Fischer, 1980. "Rational Expectations and Economic Policy," NBER Books, National Bureau of Economic Research, Inc, number fisc80-1.
    17. Rik Hafer, 1984. "The money-GNP link: assessing alternative transaction measures," Review, Federal Reserve Bank of St. Louis, vol. 66(Mar), pages 19-27.
    18. John H. Makin & Vito Tanzi, 1983. "The Level and Volatility of Interest Rates in the United States: The Roles of Expected Inflation, Real Rates, and Taxes," NBER Working Papers 1167, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Andrew Levin & John B. Taylor, 2013. "Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation," NBER Chapters, in: The Great Inflation: The Rebirth of Modern Central Banking, pages 217-244, National Bureau of Economic Research, Inc.
    2. Richard K. Crump & Stefano Eusepi & Emanuel Moench, 2016. "The term structure of expectations and bond yields," Staff Reports 775, Federal Reserve Bank of New York.
    3. Browne, Frank & Everett, Mary, 2006. "The Real Interest Rate Spread as a Monetary Policy Indicator," Research Technical Papers 6/RT/06, Central Bank of Ireland.
    4. Darby, Michael R., 1986. "The internationalization of American banking and finance: Structure, risk, and world interest rates," Journal of International Money and Finance, Elsevier, vol. 5(4), pages 403-428, December.
    5. Kees Koedijk & Clemens Kool & Tjerk Kroes, 1994. "Changes in world real interest rates and inflationary expectations," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 130(4), pages 712-729, December.
    6. Posada Posada, Carlos Esteban, 1985. "Tasa de interes e inflacion : una nota aclaratoria," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 17, pages 149-156.
    7. Courtenay C. Stone & Daniel L. Thornton, 1987. "Solving the 1980s' velocity puzzle: a progress report," Review, Federal Reserve Bank of St. Louis, issue Aug, pages 5-23.

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