Browsing by Subject "Interest rates"
Now showing items 1-2 of 2
-
(Texas A&M University. Libraries, 1990)We consider the restrictions that the government budget identity places in an economy with rational expectations and, in particular, the case in which the fiscal authorities predetermine the conventional government deficit ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-12-20)The persistence of negative interest rates in the Euro-Zone and Japan coupled with low inflation raises the question of the efficacy of central banking in a negative interest rate world. Given that interest rates have been ...