Journal Article
Has the U.S. economy become less interest rate sensitive?
Abstract: Jonathan L. Willis and Guangye Cao investigate shifts in the economy?s sensitivity to interest rates by examining how total employment responds to changes in monetary policy.
Keywords: Monetary policy; Interest rates; Employment;
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https://www.kansascityfed.org/~/media/files/publicat/research/macrobulletins/mb15cao-willis0708.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Kansas City
Part of Series: Macro Bulletin
Publication Date: 2015-07-08
Pages: 1-3