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Comparing equilibrium real interest rates: different approaches to measure Brazilian rates *

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Figure

Figure 1 Actual and Filtered Real Interest Rates  -.3-.2-.1 .0.1.2.3.4.5 95 96 97 98 99 00 01 02 03 04 LREALINT__ARG LREALINTHP_ARG_ .05.10.15.20.25.30 96 97 98 99 00 01 02 03 04LREALINT__BRALREALINT9504_BRA_ -.04.00.04.08.12.16 93 94 95 96 97 98 99 00 01
Figure 2 shows the results of the calculation for a sample of 75 countries with available  data
Table 5 shows the estimates for the both the gross and net marginal product of capital  for some selected countries alongside the values for capital and income per worker
Table 6 also shows that for shorter samples it was also possible to obtain positive  correlation for Colombia, Czech Republic and Indonesia
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