Has the U.S. economy become less interest rate sensitive?
Guangye Cao and
Jonathan Willis
Economic Review, 2015, issue Q II, 5-36
Abstract:
Jonathan 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: Interest rates; Employment; Monetary policy (search for similar items in EconPapers)
Date: 2015
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