interest rates (3) 썸네일형 리스트형 The Interplay of Interest Rates and Debt-Financed Government Spending(23.1月)/Bev Dahlby外.EconPol Key Messages A favorable differential between the interest rate on government debt and the growth rate of the economy does not mean that debt-financed spending has low or no fiscal cost. Higher public sector debt levels can lead to higher real interest rates and lower economic growth rates, forcing the government to run a smaller primary deficit to stabilize the debt ratio. This will push up the.. Why American unemployment needs to rise-Lessons from the tightest corner of the country’s ultra-tight labour market(22-11-24)/Economist An unemployment problem, as normally understood, occurs when lots of people cannot find work. Northfield, a city in Minnesota with a population of 20,000, exemplifies the troubles that arise at the opposite end of the spectrum: when unemployment is so low that lots of businesses and organisations cannot find workers. Along with Utah, Minnesota has the lowest unemployment rate of any state in Ame.. Even a global recession may not bring down inflation-The world economy is slowing dangerously(22-11-15)/Economist Investors have swooned at the good news. Since early October European shares have risen, with optimists declaring an end to the continent’s energy crisis in sight. Chinese stocks have jumped at recent talk that Xi Jinping will abandon his “zero-covid” policy, and as regulators have loosened their curbs on the property sector. On November 10th, on the news that America’s consumer-price inflation .. 이전 1 다음