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The Natural Rate of Interest Is Zero

Author

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  • Mathew Forstater
  • Warren Mosler

Abstract

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Suggested Citation

  • Mathew Forstater & Warren Mosler, 2005. "The Natural Rate of Interest Is Zero," Journal of Economic Issues, Taylor & Francis Journals, vol. 39(2), pages 535-542, June.
    • Handle: RePEc:mes:jeciss:v:39:y:2005:i:2:p:535-542
    DOI: 10.1080/00213624.2005.11506832
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    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. On money printing and bond issuance – Part 2
      by bill in Bill Mitchell - billy blog on 2019-08-27 01:47:09

    Citations

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    Cited by:

    1. Thomas I. Palley, 2015. "Money, Fiscal Policy, and Interest Rates: A Critique of Modern Monetary Theory," Review of Political Economy, Taylor & Francis Journals, vol. 27(1), pages 1-23, January.
    2. Thomas I. Palley, 2015. "The Critics of Modern Money Theory (MMT) are Right," Review of Political Economy, Taylor & Francis Journals, vol. 27(1), pages 45-61, January.
    3. Biagio Bossone, 2020. "Why MMT can’t work: A Keynesian Perspective," Working Papers PKWP2020, Post Keynesian Economics Society (PKES).
    4. Thomas I. Palley, 2019. "What's Wrong With Modern Money Theory (MMT): A Critical Primer," FMM Working Paper 44-2019, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    5. Musgrave, Ralph S., 2018. "A permanent zero interest rate would maximise GDP," MPRA Paper 87111, University Library of Munich, Germany.
    6. Biagio Bossone, 2021. "Why MMT can’t work," International Journal of Economic Policy Studies, Springer, vol. 15(1), pages 157-181, February.
    7. Jackson Mejia & Brian C. Albrecht, 2022. "On price stability with a job guarantee," Contemporary Economic Policy, Western Economic Association International, vol. 40(4), pages 568-584, October.
    8. Marc Lavoie & Mario Seccareccia, 2019. "Macroeconomics and natural rates: some reflections on Pasinetti’s fair rate of interest," Bulletin of Political Economy, Bulletin of Political Economy, vol. 13(2), pages 139-165, December.
    9. Olk, Christopher & Schneider, Colleen & Hickel, Jason, 2023. "How to pay for saving the world: Modern Monetary Theory for a degrowth transition," LSE Research Online Documents on Economics 120343, London School of Economics and Political Science, LSE Library.
    10. Arslan Razmi, 2023. "MMT and policy assignment in an open economy context: Simplicity is useful, oversimplification not so much," Metroeconomica, Wiley Blackwell, vol. 74(2), pages 328-350, May.
    11. Rosaria Rita Canale, 2010. "Central Bank Reaction To Public Deficit And Sound Public Finance The Case Of The European Monetary Union," Journal of Advanced Studies in Finance, ASERS Publishing, vol. 1(1), pages 4-17.
    12. Reynold F. Nesiba, 2013. "Do Institutionalists and post-Keynesians share a common approach to Modern Monetary Theory (MMT)?," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 10(1), pages 44-60.

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