Do you know of any empirical analysis or modelling that tries to back out the financial component from the supply component? Seems to me both are real, though I appreciate the need for critical macro-financial arguments like yours to push back against simplistic and motivated supply-side reasoning.
Hi Ann,
Do you know of any empirical analysis or modelling that tries to back out the financial component from the supply component? Seems to me both are real, though I appreciate the need for critical macro-financial arguments like yours to push back against simplistic and motivated supply-side reasoning.