Pete Rathburn is a copy editor and fact-checker with expertise in economics ... These are the formula and calculations: Investment B has a higher stated nominal interest rate but the effective ...

Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate This paper examines the distribution of output around capacity when money ...

and are published to elicit comments and to further debate This paper reexamines some unsettled theoretical and empirical issues regarding the relationship between nominal exchange rates and interest ...

Higher inflation rates erode consumers’ purchasing power and the amount of interest earned from investments such as deposits. A real interest rate is the difference between a nominal interest ...