The Asymmetric Effects of Interest Rates on Private Investment in South Africa.
Conventional economic theory states that higher interest rates reduce investment levels because interest rates represent the cost of borrowing, thereby implying a linear inverse relationship. However, the relationship between interest rates and investment is beyond a linear one, which has been prev...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Danubius University
2023-06-01
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| Series: | Acta Universitatis Danubius: Oeconomica |
| Subjects: | |
| Online Access: | https://dj.univ-danubius.ro/index.php/AUDOE/article/view/2335 |