Federal Fund Effective Rate Comparative (ATSM) Analysis of Interest Rate Forecast
CIR interest rate forecast model Cox Ingersoll Ross model to forecast interest rate variables in simple terms defines an Effective Federal Fund rate equilibrium of 4.45%, but with a forecast of a higher long-run Federal Fund Rate of 6.84% that…
Wage and Employment Effects of Non-Binding Minimum Wages
Common wisdom holds that the introduction of a non-binding minimum wage is irrelevant foractual wages and employment. Empirical and experimental research, however, has shown thatthe introduction of a minimum wage can raise even those wages that were already above thenew…
MINIMUM WAGES AND EMPLOYMENT:A REVIEW OF EVIDENCE FROM THE NEW MINIMUM WAGE RESEARCH
NBER WORKING PAPER SERIES https://www.nber.org/system/files/working_papers/w12663/w12663.pdf
Sweden’s Economic Crisis in between Recession, Housing Market Crash, and Inflationary Concerns
Sweden, known for its stable economy and high standard of living, is currently facing a severe economic crisis marked by a trifecta of challenges: recession, a collapsing housing market, and rising inflation. In this video, we’ll explore how Sweden’s once-booming…