Why Are Interest Rates So Low?

Why Are Inflation and Real Interest Rates So Low? A Mechanism of Low and Floating Real Interest and Inflation Rates

Real interest and inflation rates have been very low in many industrialized countries since the Great Recession. In this paper, a mechanism of low and floating real interest and inflation rates is examined based on the concept a “Nash equilibrium of a Pareto inefficient path” and the law of motion for trend inflation. I show that, because the link between the marginal product of capital and the...

Why Are Allowance Prices so Low ?

This paper presents an analysis of the reduction in S02 emissions by electric utilities between 1985 and 1993. We find that emissions have been reduced for reasons largely unrelated to the emission reduction mandate incorporated in Title IV of the 1990 Clean Air Act Amendments. The principal reason appears to be the change in the economics of coal choice that has resulted from the remarkable de...

Why are immigrants ' incarceration rates so low ? : Evidence on selective immigration , deterrence , and deportation

Why are fluid densities so low in carbon nanotubes?

Articles you may be interested in Controlling water flow inside carbon nanotube with lipid membranes How fast does water flow in carbon nanotubes? Nonequilibrium molecular dynamics simulation of water transport through carbon nanotube membranes at low pressurea) The role of activation energy and reduced viscosity on the enhancement of water flow through carbon nanotubes The equilibrium density ...

Why are clicks so exclusive ?

Clicks occur abundantly in the languages of southern Africa, but are not found anywhere else. This is unexpected since the clicks seem to be both auditorily salient and easy to produce. This paper suggests that the reason for the areal skewness of clicks lies in the African phonetictypological environment rather than in production or perception constraints. In particular, clicks are limited to ...