Author: Sam Felling

Samuel Felling   In the last 8 years, we have seen how negative interest rates have gone from a theoretical improbability to a reality. From Japan to Switzerland, among others, various countries have now adapted monetary policy to include negative

Sam Felling                                         Keynes and the Liquidity Trap A liquidity trap has been defined by Keynes as  “A liquidity trap is marked by the failure of injections of cash by the central bank into the private banking system to decrease

Sam Felling   One of the largest arguments in the economic policy debates is the Discretionary vs Rules based policy. Proponents of rule based policy argue that a rule can tie the Monetary Authorities hands and allow the public to

  GDP is defined as Gross Domestic Product and it is one of the most standard measures of an economies output. It measures “The value of the goods and services produced by the nation’s economy less the value of the

Sam Felling The consumption of water and the effects income has on these consumption levels across the 50 states intrigued me and as such I decided to focus my SAS assignment on estimating this Engel curve. The consumption of water