An Empirical Comparison of Interest and Growth Rates

This paper investigates methods of assessing dynamic efficiency, points out their shortcomings and develops a new criterion of determining whether or not an economy accumulates too much capital. This criterion is then applied to the OECD countries as well as China. The analysis sheds a new light on recent proposals of raising public debt levels during a time of low interest rates.

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Year of publication:	2014-10
Authors:	Julia, Knolle

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Julia, Knolle (2014): An Empirical Comparison of Interest and Growth Rates.
Classification:	E22 - Capital; Investment (including Inventories); Capacity ; E43 - Determination of Interest Rates; Term Structure Interest Rates ; O47 - Measurement of Economic Growth; Aggregate Productivity
Source:	BASE

Persistent link: https://www.econbiz.de/10015244671