Cargando…
How the banking system is creating a two-way inflation in an economy
Here we argue that due to the difference between real GDP growth rate and nominal deposit rate, a demand pull inflation is induced into the economy. On the other hand, due to the difference between real GDP growth rate and nominal lending rate, a cost push inflation is created. We compare the perfor...
Autor principal: | |
---|---|
Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Public Library of Science
2020
|
Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7117694/ https://www.ncbi.nlm.nih.gov/pubmed/32240180 http://dx.doi.org/10.1371/journal.pone.0229937 |