Sunday, December 4, 2016
Jim Hamilton offers a characteristically clear summary of a Bank of England paper on the factors affecting global saving and investment and hence global real interest rates. It is a good example of how economists use supply and demand to analyze current developments.
http://econbrowser.com/archives/2016/12/factors-in-low-real-interest-rates
Posted by 7:02 AM
atLabels: Macro Demystified
Subscribe to: Posts