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hinted at an acceleration. Some FOMC members feared an overheating economy and higher inflation; others, including the …
Persistent link: https://www.econbiz.de/10003148619
Persistent link: https://www.econbiz.de/10002496991
an acceleration. Some FOMC members feared an overheating economy and higher inflation; others, including the Chairman …
Persistent link: https://www.econbiz.de/10005360609
Real-business-cycle models suggest that an increase in the rate of productivity growth increases the real rate of interest. But economic theory is ambiguous when it comes to the effect of government budget deficits on the real rate of interest. Similarly, little is known about the effect of...
Persistent link: https://www.econbiz.de/10005352806