Macroeconomics¶
Blanchard, O. (2017). Macroeconomics. Pearson.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Crowding Out
- Macroeconomic policy — increased public borrowing raises interest rates, displacing the private investment that would have occurred at lower rates; the shared substrate is loanable funds.
This sourceStandard textbook treatment of crowding out: government borrowing raising interest rates and displacing private investment via the loanable-funds pool, scaled by the interest-elasticity of investment.
- Macroeconomic policy — increased public borrowing raises interest rates, displacing the private investment that would have occurred at lower rates; the shared substrate is loanable funds.
Verification¶
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Does it back the claim? Not recorded. The single citation of this work carries no recorded support check.
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Registry ID ref:a7d8dd749a24 · see in the full table