Monday, June 29, 2020

GDP-Linked Bond

This is an article from the Blog of Bank of England staffs. At the present time, many are talking about GDP-linked bond as a policy response to COVID-19 pandemic. The idea was introduced by Shiller in the 1990s. It also closely related to inflation-linked bonds. There is also several relevant links explaining the analysis, desirability and feasibility of GDP-linked bond.



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Oppenheimer and Oscar Economics

This  article  is quite long, but has important modern implications.  Source: Michael Ramirez, The Gazette.

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