For instance, what is considered as a ‘neutral rate’ of interest in the present period appears to be much lower compared to several years before. The issue of significance here is whether the neutral rate in respect of emerging market economies, which has been coming down in tandem with global rates, will tend to be distinctly higher than in developed economies.
Modernizing Our Competitive Analysis With the proliferation of new competitors to traditional banks, it’s imperative that we modernize our evaluation of competition to more consistently and comprehensively  Charles S. Morris, James Wilkinson, and Eric Hogue, “Competition in Local Agricultural Lending Markets: The Effect of the Farm Credit System,” Federal Reserve Bank of Kansas Economic Review, fourth quarter 2015 (Kansas City: Federal Reserve Bank of Kansas, 2015), https://www.kansascityfed.org/documents/645/Competition_in_Local_Agricultural_Lending_Markets_The _Effect_of_the_Farm_Credit_System.pdf.