Joseph Stiglitz quote

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Negative interest rates hurt banks' balance sheets, with the 'wealth effect' on banks overwhelming the small increase in incentives to lend.
Joseph Stiglitz
Joseph Stiglitz
Joseph Stiglitz
Born: Feb 9, 1943

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Balance, Hurt, Wealth, Negative, Overwhelming, Increase, Rates, Small, Balance Sheets, Sheets, Effect, Banks, Interest, Interest Rates, Lend, Incentives

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Related Authors

Alan Greenspan, Herbert A. Simon, John Kenneth Galbraith, Milton Friedman, Paul A. Volcker, Richard Thaler, Robert Reich, Thomas Sowell
People, Power, and Profits: Progressive Capitalism for an Age of Discontent
People, Power, and Profits: Progressive Capitalism for an Age of Discontent
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