INTEREST strongRATESstrong AND ECONOMIC strongGROWTHstrong ARE THEY RELATED - Boston.pdf

INTEREST RATES AND ECONOMIC GROWTH: ARE THEY RELATED? Barry P. Bosworth CRR WP 2014-8 Submitted: January 2014 Released: May 2014 Center for Retirement Research at Boston College Hovey House 140 Commonwealth Ave Chestnut Hill, MA 02467 Tel: 617-552-1762 Fax: 617-552-0191 Barry P. Bosworth is a senior fellow in economic studies at The Brookings Institution. The research reported herein was pursuant to a grant from the U.S. Social Security Administration (SSA), funded as part of the Retirement Research Consortium (RRC). The findings and conclusions expressed are solely those of the author and do not represent the views of SSA, any agency of the federal government, the RRC, The Brookings Institution, or Boston College. The author is indebted to Mattan Alalouf from The Brookings Institution for computational assistance. 漏 2014, Barry P. Bosworth. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including 漏 notice, is given to the source. About the Center for Retirement Research The Center for Retirement Research at Boston College, part of a consortium that includes parallel centers at the University of Michigan and the National Bureau of Economic Research, was established in 1998 through a grant from the Social Security Administration. The Center鈥檚 mission is to produce first-class research and forge a strong link between the academic community and decision-makers in the public and private sectors around an issue of cr