High interest rates and inflation in the U.S. A reply

Authors

  • D.I. FAND

DOI:

https://doi.org/10.13133/2037-3643/11419

Keywords:

Interest rates, inflation, Unites States, expectations

Abstract

In this brief note the author responds to J.L. Lucia’s criticism regarding the role of expectations in analysing the interest rate escalation in the U.S. in the latter half of the 1960s.

 

JEL: E31, E43

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Published

2013-12-29

How to Cite

FAND, D. (2013). High interest rates and inflation in the U.S. A reply. PSL Quarterly Review, 25(103). https://doi.org/10.13133/2037-3643/11419

Issue

Section

Editorial