Begutachtete Publikationen

03.01.2019 -

Scottish Journal of Political Economy

Understanding low interest rates: evidence from Japan, Euro Area, United States and United Kingdom

von Agnieszka Gehringer & Thomas Mayer

The paper investigates the factors determining long‐term interest rates. Our estimation results for major industrialized economies suggest that central banks have actually had a key influence on the level of long‐term interest rates.