Wendy_品职助教 · 2019年05月10日
Real short-term interest rates与real GDP growth和 the volatility of real GDP growth正相关。
real GDP growth=nominal GDP growth - average inflation
Country #1 real GDP growth=6.5% – 4.0% = 2.5%
Country #2 real GDP growth=5.0% – 2.5% = 2.5%
Country #3 real GDP growth=3.5% – 2.0% =1.5%
然后看the volatility of real GDP growth： Country #2 real GDP growth volatility大，而 Country #1 and Country #3 real GDP growth volatility小。
因此Country #2的real short-term interest rates最大。
过儿~ · 2019年05月12日
谢谢老师
