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How Central Bankers Are Killing Productivity Growth
02-23-2019, 12:36 PM,
#1
How Central Bankers Are Killing Productivity Growth
How Central Bankers Are Killing Productivity Growth

This column has contended for several years, based on empirical data observations from several countries, that low interest rates worldwide were killing productivity growth. A University of Chicago paper finally provides some academic back-up for this contention and suggests a mechanism through which it takes place. There are other mechanisms also, and I would suggest […]


http://davidstockmanscontracorner.com/ho...ty-growth/
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