Tag: global economies and markets

Does fiscal stimulus raise interest rates and tighten credit markets, as theoretical models of the macroeconmy predict? New research shows what the real effect of government spending is on the U.S. economy — and what high levels of inequality have to do with the interest rate response to fiscal stimulus.

Increasing urbanization can prove challenging in the era of COVID-19 social distancing, particularly given the dependence on essential services and the unique health concerns of high-population density. A new study clarifies the tradeoffs between city and suburban patterns of consumption and how different areas fulfill essential daily functions.