Search Results
Journal Article
Monetary growth and the timing of interest rate movements
Journal Article
Unreal estimates of the real rate of interest
Working Paper
Interest rates, commodity price changes and Gibson's paradox
This paper argues that the positive relationship between the level of prices and interest rates noted by Gibson arises, in part, because measured prices indexes, which are comprised primarily of the prices of short-lived consumption goods, and nominal interest rates are both driven in the same direction by changes in the real rate of interest.