The real rate of interest and its measure

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The real rate of interest is a useful concept that is difficult to measure. This paper examines the conceptual distinction between nominal interest rates and real interest rates. The paper proceeds to discuss problems inherent in the estimation of the real interest rate.

Details
Title

The real rate of interest and its measure

Creators/Contributors

Cashell, Brian W. (Author)

Date Issued

1984

Publisher

Library of Congress. Congressional Research Service

Notes

The real rate of interest is a useful concept that is difficult to measure. This paper examines the conceptual distinction between nominal interest rates and real interest rates. The paper proceeds to discuss problems inherent in the estimation of the real interest rate.

Brian W. Cashell, Analyst in Quantitative Economics, Economics Division.

CRS 84-717 E

"August 6, 1984."

SuDoc# LC 14. 18/3

Language

eng

Date

1984-01-01T00:00:00Z

Extent

26 pages

Genre

book

Type/Format

text