Monetary policy

Edwin Dickens edickens at DREW.EDU
Wed Jun 28 11:08:07 PDT 2000


Brad De Long wrote:
>
>
> 1) Start at an interest rate of 5% per year.

Why?


>
>there are
> theoretical reasons to think that the "equilibrium real interest
> rate" should increase with increases in the rate of profit.

What are they?

Edwin (Tom) Dickens



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