The neutral real interest rate doom-loop

Stephen Kirchner

Jul 26, 2022

Plus, why nominal income targeting is compatible with the existing inflation target

1 Comment

Jul 26, 2022Liked by Stephen Kirchner

Looking for neutral rates (or potential output or natural unemployment) is like "looking for Wally when there are many Wallies!

https://thefaintofheart.wordpress.com/2015/10/25/looking-for-wally-when-there-are-many-wallies/

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