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NAIRI 1 NAIRU 1 conventional rate of interest 1 hysteresis 1 natural rate of interest 1 natural rate of unemployment 1 path-dependent variables 1
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De-Juan, Oscar 1
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Journal of Post Keynesian Economics 1
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The conventional versus the natural rate of interest: implications for central bank autonomy
De-Juan, Oscar - In: Journal of Post Keynesian Economics 29 (2007) 4, pp. 645-666
The analysis of the "natural rate of interest" fills one of the most important and controversial chapters in the history of economic thought. It continues to be a highly topical subject in modern macroeconomics because it is the keystone of the new monetary policy. On classical and Post...
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