4 ms·
Units of account: http://www.econ.yale.edu/~shiller/online/uf-usa4.html http://www.econ.yale.edu/~shiller/online/uf-usa4.html Shiller is a fan of interesting f
by tanderson92 9y ago
Units of account: http://www.econ.yale.edu/~shiller/online/uf-usa4.html http://www.econ.yale.edu/~shiller/online/uf-usa4.html
Shiller is a fan of interesting financial engineering of this type which he discusses in his books "Finance for the Good Society" and "Macro Markets".
For example, he also proposes a US bond which pays out interest fixed relative to GDP.