The Puzzle of Persistently Negative Interest Rate-Growth Differentials: Financial Repression or Inco...
The Puzzle of Persistently Negative Interest Rate-Growth Differentials: Financial Repression or Inco...
The Puzzle of Persistently Negative Interest Rate-Growth Differentials: Financial Repression or Income Catch-Up?
About this item
Full title
Author / Creator
Publisher
Washington, D.C: International Monetary Fund
Journal title
Language
English
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Publication information
Publisher
Washington, D.C: International Monetary Fund
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Scope and Contents
Contents
The interest rate-growth differential (IRGD) shows a marked correlation with GDP per capita. It has been on average around 1 percentage point for large advanced economies during 1999-2008; but below -7 percentage points among non-advanced economies - exerting a powerful stabilizing influence on government debt ratios. We show that large negative IR...
Alternative Titles
Full title
The Puzzle of Persistently Negative Interest Rate-Growth Differentials: Financial Repression or Income Catch-Up?
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Author / Creator
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Primary Identifiers
Record Identifier
TN_cdi_crossref_primary_10_5089_9781463924553_001
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_5089_9781463924553_001
Other Identifiers
ISBN
1463924550,9781463924553
ISSN
1018-5941
DOI
10.5089/9781463924553.001
