creator Lubik, Thomas A. 4241 creator Matthes, Christian 1979- 4244 article The natural rate of interest is a key concept in monetary economics because its level relative to the real rate of interest allows economists to assess the stance of monetary policy. However, the natural rate cannot be observed; it must be calculated using identifying assumptions. This Economic Brief compares the popular Laubach-Williams approach to calculating the natural rate with an alternative method that imposes fewer theoretical restrictions. Both approaches indicate that the natural rate has been above the real rate for a long time. eng A Comparison of Two Alternative Approaches No. 15-10 multipart 2015-10-01 October 2015 583941 2026-02-10 09:28:35 2019-08-01 17:38:39 frs item text

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