How low interest rates change the world : global trends caused by low rates and emerging factors shaping the future of rates /
'How Low Interest Rates Change the World' explores the societal impact of changing interest rates. Taking its starting point in the remarkable four-decade decline in global interest rates from 1980 to 2020, the book examines five global trends it caused, the underlying factors that drove i...
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| Format: | eBook |
| Language: | English |
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Oxford :
Oxford University Press,
[2025]
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| Online Access: | Connect to the full text of this electronic book |
Table of Contents:
- Introduction
- Part I Falling Rates
- 1 The Level of Interest Rates: Today and Historically
- 2 Inflation and Real Interest Rates
- Part II Consequences of Falling and Low Interest Rates
- 3 Debt and Low Interest Rates
- 4 House Prices and Low Interest Rates
- 5 Stock Markets and Low Interest Rates
- 6 Inequality and Low Interest Rates
- 7 Financial Risk-Taking and Low Interest Rates
- Part III What Caused a Four-Decade Fall in Interest Rates?
- 8 What Caused a Four-Decade Fall in Inflation?
- 9 What Caused a Four-Decade Fall in Real Interest Rates?
- 10 What Caused the Rise in Inflation and Interest Rates after the Covid-19 Pandemic?
- Part IV What Does the Future Hold?
- 11 Trends That Could Keep Rates Low
- 12 Trends That Could Elevate Rates
- 13 Putting It All Together: What Is the Outlook for Rates?
- 14 Debt, Inequality, and House and Stock Prices Considering Interest Rate Scenarios
- End Matter