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After reading 1407 websites, we found 6 different results for *"What is gibson's paradox"*

a positive relationship between the interest rate and the price level

The Gibson paradox, long observed by economists and named by John Maynard Keynes (1936), is a positive relationship between the interest rate and the price level.

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the observed correlation between the price level and wholesale borrowing costs

Gibson’s paradox is the observed correlation between the price level and wholesale borrowing costs, and the lack of correlation between borrowing costs and the rate of inflation.

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a phenomenon , first observed under the classical gold standardwhen long-term interest rates moved in tandem with the general price level

: 'Gibson's Paradox is a phenomenon first observed under the classical gold standard, when long-term interest rates moved in tandem with the general price level.

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the observed, long-run, positive correlation between interest rates and the price level in Great Britain under the gold standard

Gibson’s paradox is the observed, long-run, positive correlation between interest rates and the price level in Great Britain under the gold standard.

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a term first used by Keynes in 1930 to describe Keynes's theory that interest rates correlate with the rate of change in the general level of prices

Gibson's Paradox was a term first used by Keynes in 1930 to describe Keynes's theory that interest rates correlate with the rate of change in the general level of prices.

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regarding the positive correlation between interest rates and wholesale price levels

Gibson's Paradox is an economic observation made by British economist Alfred Herbert Gibson regarding the positive correlation between interest rates and wholesale price levels.

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