2 Jess Benhabib, Stephanie Schmitt-Grohé, and Martín Uribe, "The Perils of Taylor Rules," Journal of Economic Theory, vol. 96, no. 1-2 (2001): 40-69. 1  will neither accelerate nor decelerate the economy.
Although the determinants of the natural rate of interest are the subject of considerable debate among academics, it is widely thought that the potential growth rate of the economy plays a major role.