The Determination of Interest Rates
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15-12-1999
Everyone believes that they know what an interest rate is. This study, however, examines some of the theoretical and practical complexities: the differences between interest, rent and profit; between nominal and real rates; between long and short rates; and how these interact. It looks, in particular, at how changes in short-term rates feed through into financial markets; and how the level of long-term rates influences the real economy. Finally, it examines the development of rates in the ¿ area since the beginning of 1999, and the conduct of monetary policy by the European Central Bank.
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Publicatietype
Beleidsterrein
Zoekterm
- consumptief krediet
- discontovoet
- ECONOMIE
- EU-instellingen en Europese overheid
- Europees Stelsel van Centrale Banken
- Europese Centrale Bank
- EUROPESE UNIE
- financiële instellingen en krediet
- FINANCIËN
- geldmarkt
- monetaire economie
- nationale boekhouding
- obligatie
- overheidsfinanciën en begrotingsbeleid
- overheidslening
- prijsstabiliteit
- prijzen
- rente
- spaartegoed
- vrij verkeer van kapitaal