Global Trends in Interest Rates

Marco Del Negro, Domenico Giannone, Marc P. Giannoni, Andrea Tambalotti

NBER Working Paper No. 25039
Issued in September 2018

---- Acknowledgments ----

We are grateful to Carlo Favero, Stefano Neri, and Ken West for their thoughtful feedback, to Ozge Akinci, Giancarlo Corsetti, Stefano Eusepi, Paolo Pesenti, and several other New York Fed economists for very helpful suggestions, and to Brandyn Bok for outstanding research assistance. The views expressed in this paper are those of the authors and do not necessarily reflect the position of the Federal Reserve Banks of New York and Dallas, the Federal Reserve System, or the National Bureau of Economic Research.

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