Connecting Interest Rates & Output
Betsey Stevenson and Justin Wolfers identify the interest rate as the most crucial price in the economy. They explain how it originates and influences all economic spending, utilizing the IS-MP model for policy.
Betsey Stevenson and Justin Wolfers identify the interest rate as the most crucial price in the economy. They explain how it originates and influences all economic spending, utilizing the IS-MP model for policy.