On The Contribution of Interest Expense (Income) on Total Output
A decrease in interest rate in traditional view of monetary policy transmission is linked to a lower cost of borrowing which eventually results into a greater spending in investment and a bigger GDP. However, a decrease in interest rate is also linked to a decrease in interest income which, in turn,...
Saved in:
| Main Author: | |
|---|---|
| Format: | article |
| Language: | EN |
| Published: |
De Gruyter
2021
|
| Subjects: | |
| Online Access: | https://doaj.org/article/6e4badd9532e483280eb6483e6b93c24 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|