Interest Rates and Unemployment: An Underwhelming Relation

dc.contributor.author	Fix, Blair
dc.date.accessioned	2023-05-27T23:57:46Z
dc.date.available	2023-05-27T23:57:46Z
dc.date.issued	2023
dc.description.abstract	For the last few months, I’ve been studying the distributional effects of interest-rate hikes. There’s been no shortage of surprising results. In this post, I’ll discuss an effect that is surprising because it’s underwhelming. Many economist claim that when interest rates rise, unemployment will increase. The idea is that higher rates make businesses tighten their belts, leading to less hiring and greater unemployment. Looking at the evidence, I find that this claim is not particularly compelling.	en_US
dc.identifier.citation	Interest Rates and Unemployment: An Underwhelming Relation. Fix, Blair. (2023). Economics from the Top Down. 30 April. pp. 1-14. (Article - Magazine; English).	en_US
dc.identifier.uri	http://hdl.handle.net/10315/41170
dc.language.iso	en	en_US
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 International	*
dc.rights.article	https://economicsfromthetopdown.com/2023/04/30/interest-rates-and-unemployment-an-underwhelming-relation/	en_US
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/	*
dc.subject	interest rate	en_US
dc.subject	unemployment	en_US
dc.title	Interest Rates and Unemployment: An Underwhelming Relation	en_US
dc.type	Article	en_US

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