
Could Ultra-Low Interest Rates Be Contractionary?
Sep 17, 2019 , et al. explain why further reductions in borrowing costs could hurt the global economy instead of helping it.
Atif Mian is Professor of Economics, Public Policy, and Finance at Princeton University, Director of the Julis-Rabinowitz Center for Public Policy and Finance at the Woodrow Wilson School, and co-author of House of Debt.
Sep 17, 2019 , et al. explain why further reductions in borrowing costs could hurt the global economy instead of helping it.
Mar 5, 2018 & explain how increases in household debt have played a direct role in decades of booms and busts.