Why is output growth so slow?

The excess supply of commercial and residential real estate might explain why the historically low nominal and real interest rates have had relatively little effect on stimulating investment.

MoreLess

Year of publication:	2013
Authors:	Thornton, Daniel L.
Published in:	Economic Synopses. - Federal Reserve Bank of St. Louis. - 2013, 4
Publisher:	Federal Reserve Bank of St. Louis
Subject:	Real estate development \| Economic conditions

More details

Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010727239