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economically small. -- Economic models ; Interest rates ; Transmission of monetary policy ; Productivity ; Potential output …
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In the last few decades, real GDP growth and investment in advanced countries have declined in tandem. This slowdown was not the result of weak demand (there has been no shift along the Okun curve), but of a decline in potential output growth (which has shifted the Okun curve to the left). We...
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-term interest rate. The theory then identifies major upswings in trend inflation with unexpectedly slow growth of capacity output …
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-term interest rate. The theory then identifies major upswings in trend inflation with unexpectedly slow growth of capacity output …
Persistent link: https://www.econbiz.de/10012463786