Monday , January 21 2019
Home / Mercatus Center / Do Low Interest Rates Stimulate Housing?

Do Low Interest Rates Stimulate Housing?

Summary:
Scott Sumner takes a deep dive into the effects of monetary policy on long-term interest rates at Seeking Alpha.

Topics:
Scott Sumner considers the following as important:

This could be interesting, too:

Don Boudreaux writes Quotation of the Day…

Tyler Durden writes The World’s Most Geopolitically Charged Pipeline

Tyler Durden writes The Wealth Of The 12 Richest Davos Billionaires Has Increased By 5 Billion In Ten Years

Tyler Durden writes Bannon’s “Movement” Breaks Europe’s Centrist Balance Amid Crisis Of Confidence

Scott Sumner takes a deep dive into the effects of monetary policy on long-term interest rates at Seeking Alpha. 

Scott Sumner
Scott B. Sumner is Research Fellow at the Independent Institute, the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University and an economist who teaches at Bentley University in Waltham, Massachusetts. His economics blog, The Money Illusion, popularized the idea of nominal GDP targeting, which says that the Fed should target nominal GDP—i.e., real GDP growth plus the rate of inflation—to better "induce the correct level of business investment". In May 2012, Chicago Fed President Charles L. Evans became the first sitting member of the Federal Open Market Committee (FOMC) to endorse the idea.

Leave a Reply

Your email address will not be published. Required fields are marked *