![Ernest Liu](https://webapi.project-syndicate.org/library/a8d0bf7e1af20fabfb55aa85b16440ff.square.1.jpg)
Ernest Liu
Ernest Liu is a professor at the Bendheim Center for Finance at Princeton University.
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Could Ultra-Low Interest Rates Be Contractionary?
Could Ultra-Low Interest Rates Be Contractionary?
Sep 17, 2019 Ernest Liu, et al. explain why further reductions in borrowing costs could hurt the global economy instead of helping it.