Estimation of the natural interest rate under monetary policy smoothing
Keywords
Natural rate of interest; Unobserved components model; Interest rate smoothing; Steady-state real rate
Cite as
Kempa, B., & Zou, F. (2026). Estimation of the natural interest rate under monetary policy smoothing. Journal of Macroeconomics, 88.Details
Publication type
Research article (journal)
Peer reviewed
Yes
Publication status
Published
Year
2026
Journal
Journal of Macroeconomics
Volume
88
ISSN
0164-0704
DOI