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Beschreibung
From the 1970s to the 2010s, the natural rate of interest in the US and other advanced economies fell. In the last decade, it has started to rise, and it has further to climb. That change reflects seismic shifts in demographics, technology, and geopolitics. In the future, risks from war to artificial intelligence and climate change could accelerate the rise. The Price of Money explains the evolution of the natural rate, the forces driving it, where it is headed, and what that means for everyone from Wall Street titans to 401K investors.
From the 1970s to the 2010s, the natural rate of interest in the US and other advanced economies fell. In the last decade, it has started to rise, and it has further to climb. That change reflects seismic shifts in demographics, technology, and geopolitics. In the future, risks from war to artificial intelligence and climate change could accelerate the rise. The Price of Money explains the evolution of the natural rate, the forces driving it, where it is headed, and what that means for everyone from Wall Street titans to 401K investors.
Über den Autor
Jamie Rush is Chief European Economist for Bloomberg Economics, based in London. He has previously worked at the British Treasury, the New Zealand Treasury, and the UK Office for Budget Responsibility. He holds a PhD in economics from the University of Sheffield.

Tom Orlik is Chief Economist for Bloomberg Economics, based in Washington DC. Previously, Orlik was the Chief Asia economist for Bloomberg and China economics correspondent for The Wall Street Journal, based in Beijing. Prior to a decade in China, he worked at the British Treasury, European Commission, and International Monetary Fund. He is the author of Understanding China's Economic Indicators and China: The Bubble that Never Pops.

Stephanie Flanders is global head of Economics and Government at Bloomberg News and Research, based in London. She was previously Chief Market Strategist for Europe at JP Morgan Asset Management and Economics Editor at the BBC. She has also served as Senior Advisor to US Treasury

Secretary Lawrence H. Summers, and worked at the New York Times, Financial Times, Institute for Fiscal Studies, and London Business School. She is an Honorary Fellow of Balliol College, Oxford and a Fellow of the Society of Professional Economists.
Inhaltsverzeichnis
  • Chapter 1 - The Price of Money is Going Up - Jamie Rush, Stephanie Flanders, and Tom Orlik

  • Chapter 2 - From Wicksell to Bernanke - Jamie Rush and Tom Orlik

  • Chapter 3 - A New Model of the Natural Rate of Interest - Jamie Rush and Martin Ademmer

  • Chapter 4 - Hard Times, Happy Days, and Electric Sheep - Ana Andrade

  • Chapter 5 - Demographic Destiny - Stuart Paul and David Wilcox

  • Chapter 6 - No More Free Lunch - Maeva Cousin and Jamie Rush

  • Chapter 7 - Temperature Rising - Maeva Cousin and Jamie Rush

  • Chapter 8 - The Rich Get Richer, The Rates Get Lower - Selva Bahar Baziki and Adriana Dupita

  • Chapter 9 - China Shock - Chang Shu, Eric Zhu, David Qu, and Tom Orlik

  • Chapter 10 - The Problem With Petrodollars - Ziad Daoud

  • Chapter 11 - Russia's Revenge - Alex Isakov

  • Chapter 12 - The Return of History - Maeva Cousin, Dan Hanson, Eleonora Mavroeidi, Bhargavi Sakthivel, Tom Orlik, Jamie Rush, and Jennifer Welch

  • Chapter 13 - The Era of Falling Rates is Over - Jamie Rush

  • Chapter 14 - Monetary Policy in an Age of Scarcity - Jamie Rush, Dan Hanson, and Maeva Cousin

  • Chapter 15 - A More Expensive World - Stephanie Flanders

Details
Erscheinungsjahr: 2025
Fachbereich: Volkswirtschaft
Genre: Importe, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
ISBN-13: 9780197800911
ISBN-10: 0197800912
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Rush, Jamie
Orlik, Tom
Flanders, Stephanie
Hersteller: Oxford University Press
OUP USA
Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 233 x 153 x 18 mm
Von/Mit: Jamie Rush (u. a.)
Erscheinungsdatum: 09.10.2025
Gewicht: 0,286 kg
Artikel-ID: 133794522

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