‘Intangibles’ may be adding to long-run rate decline – BoE’s Haskel


The growing importance of intangible capital could be a factor in weak investment and the persistent decline of long-run rates in advanced economies, Jonathan Haskel said on February 11.

“Intangibles”, such as software or research, are increasingly taking the place of physical capital in modern economies, the Bank of England monetary policy committee member said during remarks at the University of Nottingham.

But loans cannot easily be secured against software, making it riskier for lenders to

You are currently unable to copy this content. Please contact [email protected] to find out more.



Source link

Free Course

"Double Your Traffic in 30 days" + Secret Bonus

valued at $299

This amazing course will teach you, step by step, how to double if not triple your traffic over the next 30 days.

100% Privacy. We will never spam you!

Comments