Notas del episodio
Episode Notes: Impact of Monetary Policy on Real Interest Rate
Leer más- Introduction:
- Topic: Relationship between monetary policy regimes and the real interest rate.
- Source: PDF by William T. Gavin.
- Basics:
- Monetary Policy: Actions taken by central banks to manage the money supply and achieve economic objectives.
- Real Interest Rate: Nominal interest rate adjusted for inflation.
- History of Monetary Policy Regimes in the U.S.:
- 1965-1979: Focus on controlling inflation via monetary aggregates.
- 1979-2000: Shifted to targeting interest rates to control inflation.
- 2000-2008: Prioritized ...