Re: ISI 2017 key

Posted by Asd1995 on Jun 07, 2017; 9:46am
URL: http://discussion-forum.276.s1.nabble.com/ISI-2017-key-tp7604137p7605085.html

Sir, reference to the answer key posted here above your comment, it says that increase in interest rates decrease savings. I've found a lot of data as well as articles online that say otherwise.

1. gifre.org/library/upload/volume/1-7-EFFECT-vol-3-3-gjcmp.pdf
 Case study to support my point

2. Berkley lecture slides, conclude that effect is overall ambigioous but mostly is positive correlatioin between the two
http://eml.berkeley.edu/~webfac/wood/e100b_f08/consumption.pdf

Kindly clarify.

Someone else can also give their opinion.