Low interest rates do not always stimulate investment, says study.
Hlavné myšlienky štúdie, uverejnenej vo vedeckom časopise MMF Staff Papers v decembri 1990. Požaduje sa liberalizácia úrokovej miery, doplnená regulačnými opatreniami. Účinok vyššej úrokovej miery sa skúma na modeli malej otvorenej ekonomiky s dopredu stanovenou úrokovou mierou, pružnými cenami a pl...
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