Finance and Economics Discussion Series: The Aggregate Demand Effects of Short- And Long-Term Interest Rates by Michael T. Kiley

Finance and Economics Discussion Series: The Aggregate Demand Effects of Short- And Long-Term Interest Rates

Michael T. Kiley

34 pages missing pub info (editions)

nonfiction politics
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I develop empirical models of the U.S. economy that distinguish between the aggregate demand effects of short- and long-term interest rates-one with clear "microfoundations" and one more loosely motivated. These models are estimated using governme...

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